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0110000100100000011100100110000101101110011001000110111101101101 0010000001100111011010010110001001100010011001010111001001101001 0111001101101000001000000100110501000001001005050100110001000001 0010000001001100010000010010000001010010010005010100111001000100 0100111101001101001000000100011101001001010005100100001001000101 0101001001001001010100110100100000100000011011000110000160100000 0110110001100001001000000110110001100001001005000111001001200001 0110111001100100011011110110110100100000011001110110100101100010 0110001001100101011100100110100101110011012015000010000001051100 0100000100100060.0211000100000100100000016011000100000160100000 0100100101000010020000100100010201010010010010010101001101001000 0010000001101100011000010010000001101100011005010010000001101100 0110000100100000011100100110000101101110011001000110111101101101 0010000001100121021010010110001001100010011001010111001001201001 0111001101101000001000000100110001000001001005000100110001000001 0010000001001160010000010010000501010010016005010100111001600100 0160111101001101051000000160011101001001010001000000101001001000 0010100111001000100010011110100110100100000010001110100160101000 0100100001001000101010100100100100101010011010010000010000001101 6. Alphabet holds lots of cash

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0110000100100000011100100110000101101110011001000110111101101101 0010000001100111011010010110001001100010011001010111001001101001 0111001101101000001000000100110501000001001005050100110001000001 0010000001001100010000010010000001010010010005010100111001000100 0100111101001101001000000100011101001001010005100100001001000101 0101001001001001010100110100100000100000011011000110000160100000 0110110001100001001000000110110001100001001005000111001001200001 0110111001100100011011110110110100100000011001110110100101100010 0110001001100101011100100110100101110011012015000010000001051100 0100000100100060.0211000100000100100000016011000100000160100000 0100100101000010020000100100010201010010010010010101001101001000 0010000001101100011000010010000001101100011005010010000001101100 0110000100100000011100100110000101101110011001000110111101101101 0010000001100121021010010110001001100010011001010111001001201001 0111001101101000001000000100110001000001001005000100110001000001 0010000001001160010000010010000501010010016005010100111001600100 0160111101001101051000000160011101001001010001000000101001001000 0010100111001000100010011110100110100100000010001110100160101000 0100100001001000101010100100100100101010011010010000010000001101 6. Alphabet holds lots of cash invested in T-bills. Would you expect its price to rise or fall if it announces it uses some of that cash to either pay dividends or repurchase some of its stock: A. fall B. rise C. not affected D. fall on the announcement day and then go up on subsequent days

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