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    Exam 14: Capital Structure in a Perfect Market
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    Following the Borrowing of $12 and Subsequent Share Repurchase,the Expected
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Following the Borrowing of $12 and Subsequent Share Repurchase,the Expected

Question 24

Question 24

Multiple Choice

Following the borrowing of $12 and subsequent share repurchase,the expected earnings per share for RC is closest to:


A) $1.32
B) $1.44
C) $1.40
D) $1.20

Correct Answer:

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