A firm has 500 stockholders, each of whom own $100 in shares. If the firm uses $10000 to repurchase shares, how many stockholders would remain, and what would be the value of their shares? Group of...


A firm has 500 stockholders, each of whom own $100 in shares. If the firm uses $10000 to repurchase shares, how many stockholders would remain, and what would be the value of their shares?

Group of answer choices

400 shareholders with shares worth $100



400 shareholders with shares worth $120



500 shareholders with shares worth $80



400 shareholders with shares worth $80




Jun 07, 2022
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