a. Why might a stock repurchase make more sense than an extra cash dividend? b. What is

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a. Why might a stock repurchase make more sense than an extra cash dividend?
b. What is the effect of a stock repurchase on a firm’s EPS? Its PE?

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Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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