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B Corp. has net income of $3,000,000 and 1 million shares outstanding. The companys stock trades at $45 per share. B Corp will repurchase 20%

B Corp. has net income of $3,000,000 and 1 million shares outstanding. The companys stock trades at $45 per share. B Corp will repurchase 20% of its shares in the open market for $45 per share. What is the EPS immediately following the repurchase? What is the P/E ratio?

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