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ix-driserva date. Ee, hasest of poying a dividend, the firm decifes to repurchase stock. What thould be the repurchase price? How many thares should bo

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ix-driserva date. Ee, hasest of poying a dividend, the firm decifes to repurchase stock. What thould be the repurchase price? How many thares should bo repurthased? What it the repuechase pice is tel below or abore youl nuggested price in past a? Q you ewn 100 thares, would yeu prefer that the cmmany pey the dividend or repurchase stoct? What should be the repurthase pron? (Round to the nearest doliat) (Repurchose of abock) The Durm Corporation is planning to pay dividends of $490,000. There are 240,000 shares cutstanding, and earrings per share are $5. The atock ahould self for $50 affer the ex-didend date. If, instead of plying a dividend, the firm decides to repurchase stock, a. What should be the regurchase price? b. How many thares should bo repurchased? c. What if the ropurchase price is sel below oc above your suggested price in part a7 d. If you own 100 shares, would yeu prefer that the compayy pay the dividend of repurchase stock? a. What shoxid be the repurchane proe? (Round to the neavest doller)

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