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Flemington Farms is evaluating an extra dividend versus a share repurchase. In either case, $16,330 would be spent Current earnings are $2.00 per share, and

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Flemington Farms is evaluating an extra dividend versus a share repurchase. In either case, $16,330 would be spent Current earnings are $2.00 per share, and the stock currently sells for $115 per share. There are 3,600 shares outstanding- Ignore taxes and other imperfections What is the current PE ratio? (without a dividend or repurchase) If the company pursues the repurchase: What is the new number of shares outstanding? What is the new EPS? What is the new PE ratio? (Use the full, unrounded value for all inputs) If the company chooses the extra dividendi What is the new price? (ignore taxes) $ What is the new EPS7 What is the new PE ratio

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