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Pizza Palace, a restaurant chain, is considering repurchasing shares. They plan to allocate $ 4 2 , 0 0 0 for the buyback. Current earnings

Pizza Palace, a restaurant chain, is considering repurchasing shares. They plan to allocate
$42,000 for the buyback. Current earnings are $3.66 per share, and the stock price is $93.
There are 5,000 shares outstanding. Disregarding taxes, what will be Pizza Palace's EPS after
the repurchase?
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