Currently your company has an excess cash outstanding of $700. Meanwhile, the total value of other assets is $9,100. Because the company has no debt, the equity is worth $9,800. You may assume that the companys market value equals to its book value. If the number of shares outstanding is 700 and net income is $750, what will the new earnings per share be if you use all of the companys excess cash to buy back some of its stocks?