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Rudolph Corp is evaluating an extra dividend versus a share repurchase. In either case, $11,000 would be spent. Current earnings are $1.40 per share and the stock currently sells for $58 per share. There are 2,000 shares outstanding. Ignore taxes and other imperfections. What would be the new share price if Rudolph issued a dividend? (please round to 2 decimal places
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Rudolph Corp is evaluating an extra dividend versus a share repurchase. In either case, $11,000 woul...
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