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Intro A company has had net income of $23 million in its most recent year and wants to distribute 40% of its net income to

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Intro A company has had net income of $23 million in its most recent year and wants to distribute 40% of its net income to shareholders through either dividends or stock repurchases. The firm currently has 2 million shares outstanding, trading at $80. | Attempt 1/5 for 2 pts. Part 1 What is EPS after a dividend payment? 1+ decimals Submit 18 Attempt 1/5 for 2 pts. Part 2 What is EPS after a stock repurchase? 1+ decimals Submit Part 3 - Attempt 1/5 for 2 pts. Would shareholders be better off with a stock repurchase compared to a dividend payment (ignore taxes and signalling effects)? O Yes, since it increases EPS. O No, since the higher EPS comes at a cost. Yes, since the company bought their shares. No, since EPS won't be higher in the future. Submit

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