Question
ABC Stores has 12,525 shares outstanding at a market price per share of $44. The EPS is $3. The company has decided to repurchase $36,680
ABC Stores has 12,525 shares outstanding at a market price per share of $44. The EPS is $3. The company has decided to repurchase $36,680 worth of shares. After the share repurchase, the price-earnings (PE) ratio will be: Enter your answer rounded off to two decimal points.
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Management Of Islamic Finance
Authors: M. Kabir Hassan, Mamunur Rashid
1st Edition
1787564045, 978-1787564046
