Red Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,500 would be spent. Current earnings are $1.09 per share and the stock currently sells for $39 per share. There are 2,500 shares outstanding. Ignore taxes and other imperfections It Red Corp. pays a dividend, what will be the dividend per share? After the dividend is paid, how many shares will be outstanding and what will the price per share be? Enter your answers rounded to 2 DECIMAL PLACES NOTE: Fractional shares are possible (Ex. 0.47 shares) Dividend = 2.2 Correct response: 2.20.01 Shares outstanding = 2500 Correct response: 2,500 Stock price 36.8 Correct response: 36.Bt0.01 Click "Verify" to proceed to the next part of the question After the S2.2 dividend, the price falls to $36.8 per share. What are earnings per share (EPS) and the price earnings (P/E) ratio? Enter your answers rounded to 2 DECIMAL PLACES EPS 1.09 Correct response: 1.09 P/E Ratio 33.76 Correct response: 33.760.1 Click "Verify" to proceed to the next part of the question If Red Corp, goes with the share repurchase, how many shares will they buy? After the repurchase, how many shares will be outstanding and what will the price per share be? Enter your answers rounded to 2 DECIMAL PLACES Shares repurchased 141.03 Correct response: 141.030.03 Shares outstanding = 2358.97 o Correct response: 2,358.9720.01 Stock price = 39 correct response: 39 Click "Verily" to proceed to the next part of the question After the repurchase of 141.03 shares at the price $39, what are earnings per share (EPS) and the price earnings (P/E) ratio? Enter your answers rounded to 2 DECIMAL PLACES EPS = Number Number