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Natsam Corporation has $ 350million of excess cash. The firm has no debt and 700million shares outstanding with a current market price of $ 20
Natsam Corporation has $ 350million of excess cash. The firm has no debt and 700million shares outstanding with a current market price of $ 20 per share. Suppose the board decided to do a one-time share repurchase, but you, as an investor, would have preferred to receive a dividend payment.
To receive your dividend, the percentage of your shares you should sell is ______%. (Round to two decimal places.)
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