Cheese factory is paying a regular cash dividend of $5.04 per share each year. The company has outstanding shares of 115,000 and selling for $84 per share. The company has sufficient cash in hand and would like to repurchase stock without paying dividend 8,000 8,500 6,900 O 6 000 O O

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter15: Dividend Policy
Section: Chapter Questions
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Cheese factory is paying a regular cash dividend of $5.04 per share each year. The company has outstanding shares of 115,000 and
selling for $84 per share. The company has sufficient cash in hand and would like to repurchase stock without paying dividend
8,000
8,500
6,900
6,000
Transcribed Image Text:Cheese factory is paying a regular cash dividend of $5.04 per share each year. The company has outstanding shares of 115,000 and selling for $84 per share. The company has sufficient cash in hand and would like to repurchase stock without paying dividend 8,000 8,500 6,900 6,000
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