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I want to you solve the question and show the fourmal

River Cruises has the following market-value balance sheet. The stock currently sells for $10 a share and there are 2000 shares outstanding. The firm has two alternatives: Pay a $1 per share cash dividend or, Repurchase $2000 worth of stock. a) What will be the price per share under each alternative? b) If total earnings of the firm are $4000 a year, find the earnings per share under each alternative. c) Find the price-earnings ratio under each alternative