Ignore commissions, taxes, and other imperfections. If a firm substitutes a stock repurchase for a cash dividend, the primary difference will be an increase in the: a. earnings per share b. total assets C. total value received by each investor Al Logistics has 15,000 shares of stock outstanding with a market value per share of $8. The firm just announced a stock dividend of 10 percent. What will be the market price per share after the dividend? Time le a. $7.33 b. $7.27 c. $7.20