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Use the information for the question(s) below.
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 value of Luther's equity after the share repurchase?
Output Points
Refers to the specific connections or terminals on a device or PLC where control signals are sent out to perform actions on external equipment.
Output Module
A component in programmable controllers or computers that sends control signals or output to external devices.
Binary Information
Data represented in a base-2 numeral system, using only two symbols, typically 0 and 1, fundamental in computing.
Random Memory Bits
These are bits stored in memory without any specific order, often accessed or used in non-sequential operations.
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