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Suppose you own 2724 common shares of Laurence Incorporated. The EPS is $8.06, the DPS is $2.06, and the stock sells for $40.94 per share.

Suppose you own 2724 common shares of Laurence Incorporated. The EPS is $8.06, the DPS is $2.06, and the stock sells for $40.94 per share. Laurence announces a 7-for-4 split. Immediately after the split, what will the adjusted EPS be? 4.61 0.87 3.08 4.40 4.12

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