Question
A company has decided to repurchase 1 million of its oustanding shares at a price of $40 per share. If the stock is currently trading
A company has decided to repurchase 1 million of its oustanding shares at a price of $40 per share. If the stock is currently trading at $45 per share, what is the effect of the repurchase on the company's earnings per share?
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Financial Valuation Workbook Step By Step Exercises To Help You Master Financial Valuation
Authors: James R. Hitchner, Michael J. Mard
2nd Edition
0471761184, 978-0471761181
