The Repo Corporation currently has 1 million common shares outstanding and have been paying a $1.00 dividend

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The Repo Corporation currently has 1 million common shares outstanding and have been paying a $1.00 dividend per share each quarter on their common shares. The Repo Corporation has decided to repurchase 10% of their common shares.

a. If they maintain their current dividend per share, how much will they be paying in dividends each quarter after the repurchase?

b. If they decide to keep the total dividend payments the same, what would be their new dividend per share?

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Financial Management And Analysis (Frank J. Fabozzi Series)

ISBN: 9780471477617

2nd Edition

Authors: Frank J. Fabozzi, Pamela P. Peterson

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Question Posted: Jun 10, 2024 02:13 AM

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The Repo Corporation currently has 1 million common shares outstanding and have been paying a $1.00 dividend

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Financial Management And Analysis (Frank J. Fabozzi Series)

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