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  3. suppose b&e press paid dividends at the end of

Suppose B&E Press paid dividends at the end of each year according to the schedule...

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Finance

Suppose B&E Press paid dividends at the end of each year according to the schedule shown here,

2009 2010 2011 2012 2013
Ex-Dividend Stock Price ($/share) 9.57 12.11 8.12 11.17 14.96
Dividend ($/share) 0.54 0.54 0.54 0.54
Shares Outstanding (millions) 101.78 96.58 91.38 86.18 80.98

.

It also reduced its share count by repurchasing 5.2 million shares at the end of each year at the ex-dividend stock prices shown. (Assume perfect capital markets.)

a. What is total market value of B&E's equity, and what is the total amount paid out to shareholders, at the end of each year?

For Part D use 20 shares instead of 30!!!!!!!!!!!!!!!!!!!

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