If you own 100 shares would you prefer that the company pay


(Repurchase of stock) The Dunn Corporation is planning to pay dividends of $540,000. There are 270,000 shares outstanding, and earnings per share are $66. The stock should sell for $50 after the ex-dividend date. If, instead of paying a dividend, the firm decides to repurchase stock, a. What should be the repurchase price b. How many shares should be repurchased c. What if the repurchase price is set below or above your suggested price in part (a) d. If you own 100 shares, would you prefer that the company pay the dividend or repurchase stock?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: If you own 100 shares would you prefer that the company pay
Reference No:- TGS02824364

Expected delivery within 24 Hours