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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 Vezuvo uses the entire $75 million to repurchase shares. The number of shares that Vezuvo will repurchase is closest to:

Understand the origins and significant historical developments in psychology.
Recognize key figures in psychology and their contributions to the field.
Distinguish between various schools of thought within psychology.
Identify the relationship between psychology and physiology.

Definitions:

Quantifier

A term used in logic to specify the quantity of specimens in the domain of discourse that satisfy a certain condition.

Quantifier

A logical symbol that specifies the quantity of specimens in the domain of discourse that satisfy an open formula.

Categorical Proposition

A proposition that asserts or denies something about every member of a category.

Quality

An attribute, characteristic, or property that determines the nature of something, often distinguishing it from others.

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