Good values inc is all-equity-financed the total market


Good values inc., is all-equity-financed. The total market value of the firm currently is $150,000. and there are 5,000 shares outstanding. Good value plans to repurchase $15,000 with of stock. Ignore taxes.

What will be the stock price before and after the repurchase?

 

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Finance Basics: Good values inc is all-equity-financed the total market
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