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University Inc. (UI) is trading for $250/share and has 1,000 shares outstanding. After a strong year, UI has decided to invest $100,000 to repurchase a
University Inc. (UI) is trading for $250/share and has 1,000 shares outstanding. After a strong year, UI has decided to invest $100,000 to repurchase a portion of its outstanding shares. Based on current net income of $200,000 what will be UI's EPS after repurchase? a. 200.00 b. 333.33 c. 225.75 d. 350.29 e. 250.00
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
