Business, 17.07.2020 22:01, jessieeverett432

Water Front Rentals has 20,000 shares of stock outstanding at a market price of $24 each and earnings per share of $1.84. The firm has decided to repurchase $75,000 worth of stock. What will the PE ratio be after the repurchase, all else held constant

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Water Front Rentals has 20,000 shares of stock outstanding at a market price of $24 each and earning...