Suppose a Firm Does Not Pay a Dividend but Repurchases

question 60

Multiple Choice

Suppose a firm does not pay a dividend but repurchases stock using $28 million of cash, the market value of the firm decreases by ________.

• A) $28 million
• B) -$28 million
• C) 0
• D) cannot say for sure

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Definitions:

Prison Officers

Employees of the prison system responsible for the supervision, safety, and security of prisoners.

Incarceration Rate

A measure of the number of individuals imprisoned within a specific population, often represented per 100,000 people in a given jurisdiction.

Females

This term denotes the sex that typically produces eggs (ova) or has XX chromosomes, distinguishing them biologically from males in species that have sexual differentiation.

Increasing Faster

A rate of growth or acceleration that is becoming more rapid or extensive over time.