Question: Flashback Corporation is evaluating an extra dividend versus a share repurchase. In either case, $10,660 would be spent. Current earnings are $3.40 per share, and

Flashback Corporation is evaluating an extra dividend versus a share repurchase. In either case, $10,660 would be spent. Current earnings are $3.40 per share, and the stock currently sells for $93 per share. There are 4,100 shares outstanding. Ignore taxes and other imperfections. Requirement 1: What will Flashback

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