Blasco's has a market value equal to its book value. Currently, the firm has excess cash of $1,300, other assets of $11,667, and equity of $7,904. The firm has 1,520 shares of stock outstanding and net income of $880. 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 Attempt #1: 0/1(Score: 0/1) Allowed attempts: 3 cancel Incorrect Question 2 Rochester, Inc. has 8,200 shares of stock outstanding at a market price of $30 each and earnings per share of $2.60. The firm has decided to repurchase $54,000 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: