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Good Times R Coming Ltd. has extra cash and feels that the current market price of $2.00 per share is undervalued. They decide to repurchase

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Good Times R Coming Ltd. has extra cash and feels that the current market price of $2.00 per share is undervalued. They decide to repurchase 10.000 shares and plan to do it by way of a Dutch auction tender offer. They send out the notice to repurchase the 10,000 shares and put the range of the atfer at $2.10 per share to $2.60 per share. The following shares were tendered: 2,000 shares @ $2.10 per share 3,000 shares $2.20 per share 6.000 shares @ $2.50 per share 4,000 shares @ $2.25 per share 3.000 shares @ $2.15 per share (These were your shares) No other shares were tendered, How much cash will you receive as a result of tendering your shares? O $5,375.00 O $6.750.00 55.625.00 $6,450.00 10 Question 68 One difference between a stock dividend and a stock split is that a stock split will usually create more outstanding shares after the split than a stock dividend. True False

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