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help! please Rochester, Inc. has 8,400 shares of stock outstanding at a market price of $25 each and earnings per share of $2.80. The firm
help! please
Rochester, Inc. has 8,400 shares of stock outstanding at a market price of $25 each and earnings per share of $2.80. The firm has decided to repurchase $51,000 worth of stock. What will the EPS be after the repurchase, all else constant? EPS What will the PE ratio be after the repurchase, all else held constant? (Use the full, unrounded value for all inputs) PE ratioStep by Step Solution
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