16. Which one of the following statements about share repurchase is FALSE? A. Guaranteed revenue B. Signal that the stock is undervalued C. Flexibility of distributing cash without using cash dividends D. Offset share increases from executive stock options E. Also known as a share buyback 17. How many days exactly is the ex-dividend date set before the dividend record date? A. the day of B. the next day C. a week before D. two days after E. two days before