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Quaker State Wings has 210,000 shares outstanding and net income of $870,000. The company stock is currently selling for $87.83 per share. If the company

Quaker State Wings has 210,000 shares outstanding and net income of $870,000. The company stock is currently selling for $87.83 per share. If the company repurchases $612,000 of its stock, what is the earnings per share after the repurchase?

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