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Crozet Corporation plans to borrow just enough money to repurchase 100,000 shares. The following information relates to the share repurchase:
Shares outstanding before buyback: 3.1 million
Earnings per share before buyback: $4.00
Share price at time of buyback: $50
After-tax cost of borrowing: 6%
What will be Crozet's earnings per share after the buyback?
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question in the existing year alice reports 150000 of salary income 20000 of income from activity x and 35000 and 15000
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All of the following are correct statements about the market-based approach except that it
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