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Sagot :
The cost for Chester corporation to repurchase all its outstanding shares if the price fell by 10% is $214.1 million.
How to calculate the cost?
It should be noted that the market value will be:
= Outstanding shares × Closing price per share
= 1906233 × 112.33
= $214.1 million.
In conclusion, the cost for Chester corporation to repurchase all its outstanding shares if the price fell by 10% is $214.1 million.
Learn more about shares on:
https://brainly.com/question/25818989
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