Question: Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $ 2 3 , 9 4 0 would be spent.

Taco Time Corporation is evaluating an extra dividend versus a share repurchase. In either case, $23,940 would be spent. Current earnings are $3.00 per share, and the stock currently sells for $93 per share. There are 4,200 shares outstanding. Ignore taxes and other imperfections. What will the companys EPS and PE ratio be under the two different scenarios? Note: Do not round intermediate calculations; round your answers to 2 decimal places, e.g.,32.16.

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