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Quaker State Wings has 2 7 5 , 0 0 0 shares outstanding and net income of $ 9 3 5 , 0 0 0

Quaker State Wings has

275, 000

shares outstanding and net income of $

935, 000 .

The company stock is currently selling for $

73.14

per share. If the company repurchases $

625, 000

of its stock, what is the earnings per share after the repurchase?

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