The balance sheet of maple express inc is shown here in


The balance sheet of Maple Express Inc. is shown here in market value terms. There are 10,000 shares of stock outstanding.

     Cash                  $16,000                  Equity     $175,000

     Fixed Assets   $159,000                                

                                 175,000                                   175,000

The company has announced that it is going to repurchase $5,000 worth of stock. What will the price of the stock be after the repurchase? What is one advantage to a repurchase versus a special dividend?

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Financial Management: The balance sheet of maple express inc is shown here in
Reference No:- TGS02160620

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