Assume That You Own 2500 Shares of Omicron Stock and That

question 72

Multiple Choice

Assume that you own 2500 shares of Omicron stock and that Omicron uses the entire $50 million to repurchase shares.Suppose you are unhappy with Omicron's decision and would prefer that Omicron used the excess cash to pay a special dividend.The number of shares that you would have to sell in order to receive the same amount of cash as if Omicron paid the special dividend is closest to:

• A)275
• B)310
• C)125
• D)250

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