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Green Thumb Nursery has 6,000 shares of stock outstanding at a market price of $20 a share. The earnings per share are $1.62. The firm

Green Thumb Nursery has 6,000 shares of stock outstanding at a market price of $20 a share. The earnings per share are $1.62. The firm has total assets of $315,000 and total liabilities of $186,000. Today, the firm is repurchasing $4,800 worth of stock. Ignore taxes. What will the earnings per share be after the stock repurchase?

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