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Omicron Technologies has $50 million in excess cash and no debt.The firm expects to generate additional free cash flows of $40 million per year in subsequent years and will pay out these future free cash flows as regular dividends.Omicron's unlevered cost of capital is 10% and there are 10 million shares outstanding.Omicron's board is meeting to decide whether to pay out its $50 million in excess cash as a special dividend or to use it to repurchase shares of the firm's stock.
-Omicron's enterprise value is closest to:
Excessive Ultraviolet Radiation
Overexposure to UV rays from the sun or artificial sources, which can lead to skin damage and increased risk of skin cancer.
Ultraviolet Radiation
A form of energy emitted by the sun, invisible to the naked eye, which can have harmful effects on human skin and eyes but is essential for the synthesis of vitamin D.
Earth
The third planet from the Sun, characterized by its vast oceans, diverse ecosystems, and the presence of life, including human civilization.
Fish Species
Various types of fish differentiated by genetic, morphological, and ecological characteristics, comprising a significant portion of aquatic biodiversity.
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