Question: Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $28,060 would be spent. Current earnings are $2.60 per

Taco Time Corporation is evaluating an extra dividend versus a share repurchase.

Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $28,060 would be spent. Current earnings are $2.60 per share, and the stock currently sells for $97 per share. There are 4,600 shares outstanding. Ignore taxes and other imperfections. What will the company's EPS and PE ratio be under the two different scenarios? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. EPS PE Ratio Extra Dividend Share Repurchase

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