Use the Information for the Question(s)below

question 58

Multiple Choice

Use the information for the question(s) below.
Luther is a successful logistical services firm that currently has $5 billion in cash.Luther has decided to use this cash to repurchase shares from its investors,and has already announced the stock repurchase plan.Currently Luther is an all-equity firm with 1.25 billion shares outstanding.Luther's shares are currently trading at $20 per share.
-After the repurchase how many shares will Luther have outstanding?

• A)0.75 billion
• B)1.0 billion
• C)1.1 billion
• D)1.2 billion

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Actions, reactions, or functioning of an organism, often in response to external stimuli.

Physical Units

Basic quantities used in measurement, such as meters for length, kilograms for mass, or seconds for time.

Operationalized

The process by which concepts are made measurable and testable by defining how they will be observed or measured in a particular study.

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A research method used to systematically evaluate the presence of certain words, themes, or concepts within texts or sets of data.