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The Sailors Co. is paying a $2.00 per share dividend today. There are 200,000 shares outstanding with market price of $32 per share. Before the

The Sailors Co. is paying a $2.00 per share dividend today. There are 200,000 shares outstanding with market price of $32 per share. Before the dividend, the company had earnings per share of $2.50. As a result of this dividend, the:

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