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Luther is a successful logistical services firm that currently has $5 billion in cash.Luther has decided to use this cash to repurchase shares from its investors,and has already announced the stock repurchase plan.Currently Luther is an all-equity firm with 1.25 billion shares outstanding.Luther's shares are currently trading at $20 per share.
-With perfect capital markets,what is the market price per share of Luther's stock after the share repurchase?
Palliative care
Medical care aimed at relieving the symptoms, pain, and stress of serious illness, rather than curing the disease.
Pain management
A branch of medicine focused on reducing pain and improving the quality of life for those suffering from acute or chronic pain.
Emotional care
Providing support that addresses the emotional and psychological well-being of an individual.
Selective optimization
A strategy of focusing on and optimizing key areas of functioning while compensating for declines in other areas, often used in the context of aging.
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