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Q56 Not yet answered Apex Analytics is an all equity firm with 50 million shares outstanding. Apex has $30 million in cash, and expects future

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Q56 Not yet answered Apex Analytics is an all equity firm with 50 million shares outstanding. Apex has $30 million in cash, and expects future free cash flows of $8 million per year. The cash can be used to expand the firm's future operations, increasing future free cash flows to $10 million per year. If Apex's cost of capital for the expansion is 8%, what will be the difference in the firm's share price compared to using the cash for a share repurchase? Marked out of 100 Flag question Select one: O A. Share price is the same with both options. O B. Share price is $0.50 higher with repurchase. O C. Share price is $0.50 higher with expansion O D. Share price is $0.10 higher with repurchase. O E. Share price is $0.10 higher with expansion

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