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Next week the firm will be repurchasing 36000 worth of

Green Thumb Nursery has 11,00 shares of stock outstanding at a market price of $18 a share. The current earnings per share are $1.47. The firm has total assets of $286,000 and total liabilities of $86,000. Next week, the firm will be repurchasing $36,000 worth of stock. Ignore taxes. What will be in the earnings per share after the stock repurchase?

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