Question 67 (2 points) Dungeoness Corporation has excess cash or 53.000 that it would like to distribute to shareholders through a stare repurchase. Current earnings are $0.50 per share and the stock currently sets for $40 per share. There are 100 share outstandins. After the share repurchase. what will be the earnings per share of the firm are taxes and other importections $0.47 50.50 S0.78 50.94 $1.07