Question

See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. Suppose Mydeco repurchases 2 million shares each year from 2010 to 2013. What would its earnings per share be in years 2010–2013? (Assume Mydeco pays for the shares using its available cash and that Mydeco earns no interest on its cash balances.)



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  • CreatedJuly 27, 2014
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