Dochester inc has 7500 shares of stock outstanding at a


Dochester Inc., has 7,500 shares of stock outstanding, at a market price of $32 each and earnings per share of $1.80. The first has decided to repuchase $64,000 worth of stock. What will the PE ratio be after the repurchase, all else held constant?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Dochester inc has 7500 shares of stock outstanding at a
Reference No:- TGS0644140

Expected delivery within 24 Hours