1. REX company gas a market capitalization of $10 billion and 200 million shares outstanding. It plans to distribute $50 million through an open market repurchase of shares. What will be the price per share of REX right before the repurchase? And how many shares will REX repurchase?

   	a.	$50 and 1 million shares
   	b.	$100 and 500,000 shares
   	c.	$500 and $100,000 shares
   	d.	$5 and 10 million shares