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Stock Repurchase A firm has 15 million shares outstanding with a market price of $25...

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Stock Repurchase A firm has 15 million shares outstanding with a market price of $25 per share. The firm has $35 million in extra cash (short-term investments) that it plans to use in a stock repurchase; the firm has no other financial investments or any debt. What is the firm's value of operations after the repurchase? Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number. $ 340 million How many shares will remain after the repurchase? Round your answer to the nearest whole number. shares

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