Stock repurchase The following data on the Bond Record Company are available: . The firm is currently considering whether it should use $500,000 (not included in the $600,000 earnings listed in the financial data) of its earnings to help pay cash dividends of $1.67 per share or to repurchase stock at $36 per share. a. Approximately how many shares of stock can the firm repurchase at the $36-per-share price, using the funds that would have gave to the cash dividend? b. Calculate the EPS after the repurchase. c. In a perfect market, what is the stock price after the repurchase and what is the P/E ratio? d. Compare the pre- and post-repurchase earnings per share. a. The number of shares Bond Record can repurchase is (Round down to the nearest whole number.) Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)