[No Title] 10. A firm has no debt and has 10 shares of stock with $6 price per share. If it decides to issue new shares to pay dividends of $1 per share, what is the number of shares issued? The price of the new shares? Answer: Number of new shares: Price per share: 11. A company has no debt and is considering returning excess cash to the stockholders. The company currently has 5 outstanding shares with price at $4 each. If it intends to return $4 in total to the stockholders, can you fill up the analysis below to demonstrate the differences between stock repurchases and dividends? Answer: A = B = C= D = E = F = Stock Repurchase Equity = $32 (8 shares at $4 per share) Equity = $A (B shares at $C per share) Afterwards Dividends Equity = $32 (8 shares at $4 per share) Equity = $D (E shares at $F per share) Afterwards [No Title] 10. A firm has no debt and has 10 shares of stock with $6 price per share. If it decides to issue new shares to pay dividends of $1 per share, what is the number of shares issued? The price of the new shares? Answer: Number of new shares: Price per share: 11. A company has no debt and is considering returning excess cash to the stockholders. The company currently has 5 outstanding shares with price at $4 each. If it intends to return $4 in total to the stockholders, can you fill up the analysis below to demonstrate the differences between stock repurchases and dividends? Answer: A = B = C= D = E = F = Stock Repurchase Equity = $32 (8 shares at $4 per share) Equity = $A (B shares at $C per share) Afterwards Dividends Equity = $32 (8 shares at $4 per share) Equity = $D (E shares at $F per share) Afterwards