CareMore, Inc. provides in-home medical assistance to the elderly and earned net income of $5.3 million that it plans to use to repurchase shares of the firm's common stock, which is currently selling for $48 a share. CareMore has 10 Million shares of stock outstanding.

A) what fraction of the firm's share can the firm repurchase for $5.3 million?

____% (Round to two decimal places)

B) If the share repurchase has no impact on the firm's net income, what will its earnings per share after the repurchase?

( Round to two decimal places)