Question: Question 22 (2.5 points) Flychucker Corporation is evaluating an extra dividend versus a share repurchase. In either case $ 5,000 would be spent. Current earnings

Question 22 (2.5 points) Flychucker Corporation is evaluating an extra dividend

Question 22 (2.5 points) Flychucker Corporation is evaluating an extra dividend versus a share repurchase. In either case $ 5,000 would be spent. Current earnings are $0.95 per share, and the stock currently sells for $40 per share. There are 200 shares outstanding. Ignore taxes and other imperfections. What is the stock price after the dividend payment? $25 $0.95 $15 $5 $40

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