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A company has had net income of $25 million in its most recent year and wants to distribute 40% of its net income to shareholders
A company has had net income of $25 million in its most recent year and wants to distribute 40% of its net income to shareholders through either dividends or stock repurchases. The firm currently has 2 million shares outstanding, trading at $60. 16 Attempt 1/5 for 2 pts. Part 1 What is EPS after a dividend payment? 1+ decimals Submit IBM Attempt 1/5 for 2 pts. Part 2 What is EPS after a stock repurchase? 1+ decimals Submit | Attempt 1/5 for 2 pts. Part 3 What should be the stock price right after the repurchase? 0+ decimals Submit
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