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XYZ, Inc., has just announced the repurchase of $125,000 of its stock. The company has 39,000 shares outstanding and earnings per share of $3.29. The

XYZ, Inc., has just announced the repurchase of $125,000 of its stock. The company has 39,000 shares outstanding and earnings per share of $3.29. The company stock is currently selling for $76.09 per share. What is the price-earnings ratio after the repurchase? Multiple Choice 24.10 times 21.52 times 22.15 times 23.61 times 23.13 times

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