ts Natsam Corporation has $220 million of excess cash. The firm has no debt and 522 million shares outstanding with a current market price of $11 per share Suppose the board decided to do a one-time share repurchase but you, as an investor, would have preferred to receive a dividend payment. How can you leave yourself in the same position as if the board had elected to make the dividend payment instead? Which of the following is true regarding the effect of a one-time share repurchase on the stock price in a perfect market? (Select s the best choice below) O A. An open market share repurchase has no effect on the stock price ter B. An open market share repurchase has no effect on the stock price, but the stock price is not the same as the cum-dividend price if a dividend were paid instead OC. An open market share repurchase increases the stock price due to the decrease in shares in the marketplace. ter D. An open market share repurchase decreases the share price because the firm's assets docino by purchases of the shares tice To leave yourself in the same position as if the board had elected to make the dividend payment instead, you can sella percentage of your shares The narrentano un could call icon in hun dorimaliares nen Click to select your answer(s)