A firm has a market value equal to its book value. Currently, the firm has excess cash of $600 and other assets of $7,200. Equity is worth $7,800. The firm has 650 shares of stock outstanding and net income of $765. What will the new earnings per share be if the firm uses its excess cash to complete a stock repurchase? O $1.18 $0.86 $1.28 $2.14 $1.00