Problem 15-13 The Featherstone Corp. has $8 million in cash for its next dividend but is considering a repurchase instead. Featherstone has 10 million shares outstanding, currently selling at $40 per share. The P/E is 20 on EPS of $2. a. If the dividend is paid, how large will it be per share? Round the answer to two decimal places. per share b. If stock is repurchased, how many shares will remain outstanding? Round the answer to the nearest whole. Enter your number of shares in whole numbers. For example, an answer of 1.2 million should be entered as 1,200,000, not 1.2. shares If the stock is repurchased, what will the new EPS be? Do not round intermediate calculations. Round the answer to two decimal places. per share C. If the P/E holds at 20, what will be the new stock price? Do not round intermediate calculations. Round the answer to two decimal places. per share If the P/E holds at 20, how much per share will continuing stockholders have gained? Round the answer to two decimal places. per share