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Business, 21.04.2020 22:19 genyjoannerubiera

Flemington Farms is evaluating an extra dividend versus a share repurchase. In either case, $15,000 would be spent. Current earnings are $2.80 per share, and the stock currently sells for $75 per share. There are 2,800 shares outstanding. Ignore taxes and other imperfections. The PE ratio will be if the firm issues the dividend as compared to if the firm does the share repurchase.

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Flemington Farms is evaluating an extra dividend versus a share repurchase. In either case, $15,000...
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