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Evenglade Corporation has 1,000 shares outstanding priced at $10 a share. The company is unsure whether to pay out $1 a share as a dividend

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Evenglade Corporation has 1,000 shares outstanding priced at $10 a share. The company is unsure whether to pay out $1 a share as a dividend or to use the money to repurchase stock. If it pays a dividend, what happens to the stock price? If it repurchases, how many shares will remain and at what price? Multiple Choice After the dividend payment stock price falis to 99 . If Evenglade repurchases, 900 shares remain and the share price falls to S9. After the dividend payment stock price falls to \$9. If Evenglade repurchoses, 800 shares remain and the share price stays of \$10. Ater the aividend payment stock price fails to 59 . if Evenglade repurchases, 900 shares remain and the share pice stays at $10 Arer the dividend payment stock pice stays at 510 it Evenglade repurchases, 900 shaies remain and the share price rises to

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