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Please download a copy of the formula sheet @ for your reference. D Question 7 1 pts ABC Ltd, with 80 outstanding shares, has $100

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Please download a copy of the formula sheet @ for your reference. D Question 7 1 pts ABC Ltd, with 80 outstanding shares, has $100 in earnings after taxes. The firm is considering an on-market buy back for 20% of the shares at the market price of $15 per share. The management has decided to use the excess cash reserves which currently earns 7.5% interest after tax, to finance this buy-back. What is the expected EPS if this buy back goes ahead: 51.28 51.125 30.969 None of these $1 * Previous Net 1 4 % 5 6 & 7 8 9 O

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