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solve both 15. All of the following are potential uses of a company's free cash flow except for: A. Pay dividends B. Repurchase shares C.

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15. All of the following are potential uses of a company's free cash flow except for: A. Pay dividends B. Repurchase shares C. Invest in new projects D. Increase cash reserves E. Increase the amount of debt uppose Gamma Industries and Beta Technologies have identical assets that generate identical cash flows. ma Industries is an all-equity firm, with 10 million shares outstanding that trade for a price of $30 per 16. S Gam sh are. Beta Technologies has 25 million shares outstanding as well as debt of $50 million. According to MM Proposition I, what is the stock price for Beta Technologies? A. $12 B. $10 C. $100 D. $60 E. $40

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