The firm has 75k shares outstanding and net income of 2k if


An all equity company has a book value equal to its market value, with $43k in cash and $67k in other assets. The firm has 7.5k shares outstanding and net income of $2k. If the firm uses its cash to complete a stock repurchase, what with the new EPS be? If the firm used its cash to pay a $5.73 dividend, what would the new stock price be? (Explain step-by-step please!)

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Financial Management: The firm has 75k shares outstanding and net income of 2k if
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