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The Willard Co. has 1,357,500 shares outstanding that are currently selling for $26.15. They expect annual earnings of $6,164,5000 each year in the future. The
The Willard Co. has 1,357,500 shares outstanding that are currently selling for $26.15. They expect annual earnings of $6,164,5000 each year in the future. The firm has accumulated $4,500,000 in excess cash that they wish to distribute to their shareholders. If they use these funds to repurchas shares at the current market price, what will be th change in the expected earnings per share
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