Next Page Page 3 of 5 Question 3 (1 point) An all equity firm has 2,500,000 number of shares outstanding with current price per share of $100. Instead of paying cash dividend of $3.50 per share, it wants to do a share repurcahse in the equivalent amount. How many shares needs to be repurchased? 72,539 O 85,919 75,000 68,148 70,000 Page 3 of 5 Next Page Next Page Page 3 of 5 Question 3 (1 point) An all equity firm has 2,500,000 number of shares outstanding with current price per share of $100. Instead of paying cash dividend of $3.50 per share, it wants to do a share repurcahse in the equivalent amount. How many shares needs to be repurchased? 72,539 O 85,919 75,000 68,148 70,000 Page 3 of 5 Next Page