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aco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $19,240 would be spent. Current earnings are $3.40 per share,
aco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $19,240 would be spent. Current earnings are $3.40 per share, and the stock currently sells for $88 per share. There are 3,700 shares outstanding. Ignore taxes and other imperfections.What will the company's EPS and PE ratio be under the two different scenarios?
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