far $50 after the ex-dividend date. If, instead of paying a dividond, the firm decides fo repurchase stock. a. What should be the repurchase price? b. How many shares should be repurchased? c. What if the repurchase price is set below or above your suggested price in part a? d. If you own 100 shares, would you prefer that the company pay the dividend or repurchase stock? a. What should be the repurchase price? (Round to the nearest dollar)