PRHunt
I void warranties
Now I must top off my improving understanding of microphones with another dumb question. Would it be okay to replace the microphone's unbalanced coaxial cable with a balanced twisted pair cord (or maybe speaker wire for that matter)? If I can't repair the cord, that would be the type of cheap solution I'd seek out. (If I have to shield it, I'd just wrap the cord in aluminum foil grounded at the plug.) Let me know if that won't work for my microphone, or if there is anything inherently stupid about that. Thanks!
I think the shielded coax is better.
Also, I was reading on another forum that dynamic mics aren't affected by phantom power. Not that I'm going to deliver phantom power to my mic (I might get too freaked out by it), but for learning's sake, is the microphone I am working on a dynamic microphone? Thanks again!
Dynamic mics are not affected by phantom if they are transformer isolated. If a dynamic mic has balanced output, it is almost certainly transformer isolated. Most pro audio dynamic mics will be made in this way.
Your mic is almost certainly a dynamic mic, but without a transformer.
Paul
 Thanks for clearing up the normal resistance value, though! Now I have something compare it against (although I did initially assume it should be the same as the resistance in the signal wire; I guess that should have been obvious 
).
 I would definitely learn a lot more. 
 I really do want to fix this mic, whether for this particular project or another. There's just something about having an unusable mic with only one issue that's in otherwise perfect working order that just bothers me. 
 Thanks!