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Given that a company does not yet pay dividends, what will be the immediate effect on earnings per share (EPS) by issuing common stock to

Given that a company does not yet pay dividends, what will be the immediate effect on earnings per share (EPS) by issuing common stock to finance long-term expansion of the business?

Select one:

a. EPS will be increased

b. EPS will decline

c. Need more information to determine effect on EPS

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