Question: Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,000 would be spent. Current earnings are $1.05 per share and

Yellow Corp. is evaluating an extra dividend versus a share repurchase. In either case, $5,000 would be spent. Current earnings are $1.05 per share and the stock currently sells for $42 per share. There are 2,100 shares outstanding, Ignore taxes and other imperfections. It Yellow 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. 0.36 shares) Dividend - 2.38 Correct response: 2.3818.01 Shares outstanding - 2100 Correct response: 2,100 Stock price = 39.62 Correct response: 39.62+0.01 Click "Verity to proceed to the next part of the question. After the $2.38 dividend, the price falls to $39.62 per share. What are earnings per share (EPS) and the price earnings (P/E) ratio? Enter your answers rounded to 2 DECIMAL PLACES EPS = Number PE Ratio - Number

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