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Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,500 would be spent. Current earnings are $1.16 per share and

Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,500 would be spent. Current earnings are $1.16 per share and the stock currently sells for $45 per share. There are 2,300 shares outstanding. Ignore taxes and other imperfections.

NOTE: Fractional shares are possible (Ex. 0.54 shares)

Dividend = 2.39

Shares outstanding = 2300

Stock price = 42.61

After the $2.39 dividend, the price falls to $42.61 per share. What are earnings per share (EPS) and the price earnings (P/E) ratio? Enter your answers rounded to 2 DECIMAL PLACES.

EPS=

P/E Ratio =

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