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Question 20 (2 points) ABC Co has 50,000 outstanding shares. The stock is currently valued at $30 per share. ABC Co is considering either a
Question 20 (2 points) ABC Co has 50,000 outstanding shares. The stock is currently valued at $30 per share. ABC Co is considering either a $5 special dividend or a stock repurchase. How many shares would the company need to repurchase if the goal is to spend an amount equivalent to the total cost of the special dividend? 10,000 shares 8,333 shares 600 shares 6,000 shares 833 shares
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