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corporate finance show workings Floro Corporation has 8,000,000 shares outstanding with a Market price of K3 per share. The company's' board of directors have decided

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Floro Corporation has 8,000,000 shares outstanding with a Market price of K3 per share. The company's' board of directors have decided to pay 60% of its last net earnings of k20,0000.0000 either as a cash dividend of stock repurchase. What are the effects on the corporation's Price Earnings of i. ii. Cash dividend Stock repurchase

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