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Assume the firm uses the $40,000 excess cash to buy back its stock at $5 per shares. You own 10% of the firm's stock before

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Assume the firm uses the $40,000 excess cash to buy back its stock at $5 per shares. You own 10% of the firm's stock before the repurchase and this comprises your total wealth. How will you create "home-made dividend"? Sell no shares Sell 475 shares Sell 500 shares Sell 800 shares None of the above

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