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Save & Exit Bob's Standard Station has 15,000 shares of stock outstanding at a market price of $15 a share. The current earnings per share

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Save & Exit Bob's Standard Station has 15,000 shares of stock outstanding at a market price of $15 a share. The current earnings per share are $1.26. The firm has total assets of $312.000 and total liabilities of $97.500. Next week, the firm will be repurchasing $37.500 worth of stock. Ignore taxes. What will be the earnings per share after the stock repurchase? Multiple Choice o o o o C

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