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ABC Inc. has 46,000 shares outstanding at a market price of $63.43 per share. The earnings per share are $3.43. The firm has total assets

ABC Inc. has 46,000 shares outstanding at a market price of $63.43 per share. The earnings per share are $3.43. The firm has total assets of $348,000 and total liabilities of $200,000. Today, the firm announced a share repurchase for $155,000 of its stock. What is the earnings per share after the repurchase?

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