On March 27, 2020, President Trump signed a historic $2 trillion coronavirus stimulus bill into law. The bill allocates $500 billion to large corporations for loans and other payouts. However, the bill prohibits any corporation taking the loans from engaging in stock repurchases during the term of the loan and the year that follows. Conduct research (you may use any reputable news/opinion outlet) to address the following: 1. Why do firms repurchase previously issued shares of stock? 2. Why have the size and scope of stock repurchase programs embarked on by many large firms drawn so much attention (and drawn the ire of many) in the past couple of years? 3. What ethical issues have these increases in stock repurchase programs raised? Do you agree with those citing the ethical (or perhaps moral) failure associated with the stock repurchase plans? 4. Provide 2-3 examples of firms that have implemented large stock repurchases in recent years. 5. For one of the firms you selected in question 2, access the firm's annual report, 10K, and other communications. What did the firm's management say about the stock repurchases? What was the primary source of funds that enabled the firm to significantly increase their share repurchases? 6. Do you believe that the stimulus bill should have limited firms from engaging in stock repurchases