Question: 1. Answer this question: a. What is stock repurchase? (5 points) b. What is stock split? (5 points) c. Why should we expect a firms

1. Answer this question:

a. What is stock repurchase? (5 points)

b. What is stock split? (5 points)

c. Why should we expect a firms stock price to decline by approximately the amount of the dividend payment on the ex-dividend date? (5 points)

2. Explain four types of risks and its example! (15 points)

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