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1 XYZ, Inc., has just announced the repurchase of $150,000 of its stock. The company has 44,000 shares outstanding and earnings per share of $3.39.

1 XYZ, Inc., has just announced the repurchase of $150,000 of its stock. The company has 44,000 shares outstanding and earnings per share of $3.39. The company stock is currently selling for $76.74 per share. What is the price-earnings ratio after the repurchase? X 01:07:15 Multiple Choice 23.14 times o 22.64 times 21.01 times 21.63 times 23.64 times

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