The firm will pay the dividend to all shareholders of record on a specific date. declaration record ex-dividend distribution A firm may announce its intention to buy its own shares in the open market like any other investor, also known as a(n) open market repurchase tender offer targeted repurchase greenmail A firm has $300 million of assets that includes $40 million of cash and 10 million shares outstanding. If the firm uses $30 million of its cash to repurchase shares, what is the new price per share? $24.00 $36.00 $30.00 $42.00 A firm has $300 million of assets that includes $60 million of cash and 10 million shares outstanding. The firm uses $30 million of its cash to pay dividends. If an investor has 1000 shares, how many shares must he sell to create a homemade dividend of $3, 900? 33.33 shares 26.67 shares 40.00 shares 46.67 shares Omicron Technologies has $60 million in excess cash and no debt. The firm expects to generate additional free cash flows of $48 million per year in subsequent years and will pay out these future free cash flows as regular dividends. Omicron's unlevered cost of capital is 9% and there are 12 million shares outstanding. Omicrons board is meeting to decide whether to pay out its $60 million in excess cash as a special dividend or to use it to repurchase shares of the firm s stock. Assume that Omicron uses the entire $60 million in excess cash to pay a special dividend. Omicron's