Use the Information for the Question(s)below

question 10

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.
-With perfect capital markets,what is the market price per share of Luther's stock after the share repurchase?

• A)$25
• B)$24
• C)$15
• D)$20

Understand the characteristics and advantages of boundaryless and virtual organizations.

Recognize the role of formal authority and order in organizational structures.

Understand the significance and techniques of Paleolithic art.

Recognize the centrality of fertility and survival themes in early human art.

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Definitions:

Custody Of Children

The legal right or duty to care for and make decisions about a child's upbringing, awarded by a court to one or more parents or guardians.

Supportive Friends

Friends who provide emotional, practical, and sometimes financial support during both good and bad times.

Happiness And Marriage

Refers to the state of well-being and contentment that can arise from a harmonious and fulfilling marital relationship.

Equally Happy

The notion that people can achieve a similar level of happiness regardless of their varying circumstances or personal characteristics.