Company A has 1,000 shares outstanding at $20 per share (currently 100% equity funded, no debt) - Company A expects to earn $2,000 Net Income in the next year (Year 1) - Company A decides to buy back $2,000 worth of shares - Company A plans to finance this share repurchase by issuing $2,000 bonds 5-year bonds @5% annual interest - Assume this company pays no taxes What is the net change in Earnings Per Share (EPS) if the share repurchase is executed and Net Income is $2,000 for the year? INCREASE EPS by $.25 per share DECREASE EPS by $.05 per share INCREASE EPS by $.11 per share O INCREASE EPS by $.32 per share INCREASE EPS by $.22 per share