Kelso's is considering spending $80 000 on either a share repurchase or an extra cash dividend.Which one of the following values will be the same whether the firm pays a dividend or repurchases shares? Assume there are no taxes or market imperfections.
A) number of shares outstanding
B) price-earnings ratio
C) earnings per share
D) price per share
E) market value of equity per share
Correct Answer:
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