Blasco's has a market value equal to its book value. Currently, the firm has excess cash of $1,320, other assets of $11,664, and equity of $9,185. The firm has 1,670 shares of stock outstanding and net income of $898. Blasco's has decided to spend 1/2 of its excess cash on a share repurchase program. How many shares of stock will be outstanding after the stock repurchase is completed? shares outstanding Allowed attempts: 3 Check Answer Rochester, Inc. has 8,500 shares of stock outstanding at a market price of $40 each and earnings per share of $2.90. The firm has decided to repurchase $50,000 worth of stock. What will the EPS be after the repurchase, all else constant? EPS: What will the PE ratio be after the repurchase, all else held constant? (Use the full, unrounded value for all inputs) PE ratio