Question
A company is planning to spend $15,814 for a share repurchase program.The company's current EPS is $1.35 per share.The current share price is $54.50 per
A company is planning to spend $15,814 for a share repurchase program.The company's current EPS is $1.35 per share.The current share price is $54.50 per share, and there are 2,616 common shares currently outstanding.Ignoring taxes, what is the company's P/E ratio immediately after the share repurchase has been completed?
Question 16 options:
32.3
33.2
34.1
35.0
35.9
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Business Forecasting
Authors: John E. Hanke, Dean Wichern
9th edition
132301202, 978-0132301206
