Use the Information for the Question(s)below

question 66

Multiple Choice

Use the information for the question(s) below.
Big Blue Banana (BBB) is a clothing retailer with a current share price of $10.00 and with 25 million shares outstanding.Suppose that Big Blue Banana announces plans to lower its corporate taxes by borrowing $100 million and using the proceeds to repurchase shares.
-Assuming perfect capital markets,the share price for BBB after this announcement is closest to:

• A)$11.40.
• B)$10.85.
• C)$10.00.
• D)$8.60.

---

Definitions:

Dominant Meaning

The primary or most common interpretation of a cultural symbol or piece of media, often shaped by societal norms and power structures.

Resistance

The act of opposing or fighting against something, often referring to efforts against oppressive systems, policies, or practices.

Decoding Process

The method by which audiences interpret and derive meaning from media messages.

Second Screen

The use of an additional electronic device (e.g., smartphone or tablet) by viewers to interact with content they are watching on a primary device, such as a television.