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Intro A company has had net income of $24 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 $24 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 $60. BAttempt 1/10 for 10 pts. Part 1 What is EPS after a dividend payment? 0+ decimals Submit Part 2 BAttempt 1/10 for 10 pts. What is EPS after a stock repurchase? 1+ decimals Submit Attempt 1/5 for 10 pts. Part 3 Would shareholders be better off with a stock repurchase compared to a dividend payment (ignore taxes and signalling effects)? Yes, since it increases EPS. No, since EPS won't be higher in the future. Yes, since the company bought their shares. No, since the higher EPS comes at a cost. Submit

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