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question 71

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Use the information for the question(s) below.
Vezuvo Technologies has $75 million in excess cash and no debt. The firm expects to generate additional free cash flows of $50 million per year in subsequent years and will pay out these future free cash flows as regular dividends. Vezuvo's unlevered cost of capital is 10% and there are 10 million shares outstanding. Vezuvo's board is meeting to decide whether to pay out its $75 million in excess cash as a special dividend or to use it to repurchase the firm's shares.
-Assume that you own 2 500 shares of Vezuvo stock and that Vezuvo uses the entire $75 million to repurchase shares. Suppose you are unhappy with Vezuvo's decision and would prefer that Vezuvo 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 Vezuvo paid the special dividend is closest to:

Comprehend the various performance evaluation methods and their applications.
Recognize the steps to establish an effective performance improvement plan with HR assistance.
Define performance measures and their significance in evaluating employee performance.
Identify strategies for addressing poor performance that hold employees accountable while offering opportunities for improvement.

Definitions:

"Is-a" Relationship

A concept used in object-oriented programming to describe an inheritance relationship between a subclass and its superclass.

Data Members

Variables that hold the state of an object in a class, typically private and accessed via getter and setter methods.

Superclass

A superclass is a class in object-oriented programming from which other classes inherit methods and attributes.

Superclass

A class from which a subclass inherits features, including fields and methods.

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