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1. XYZ Company has 44,928 shares outstanding. The market price per share is $27.22. The company has decided to repurchase $183,556 worth of shares. After the repurchase, what will be the number of shares outstanding?

2. You own 65 shares of XYZ Company. The current market price per share is $35.04. The company has announced a dividend of $2.3 per share with an ex-dividend date of December 10. If dividends are taxed at 13%, how much will the share be worth on December 10?

Financial Management, Finance

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