Green Nursery has net income of $9,720,000 and it has 6,000,000 shares of common stock outstanding. The companys stock currently trades at a $20 a share. Green Nursery is considering a plan in which it will use available cash to repurchase 4% of its shares in the open market. The repurchase is expected to have no effect on net income or its stock price. What will be Green Nurserys EPS following the stock repurchase?

Question options:

	$1.28
	$1.85
	$1.63
	$1.69
	$1.34