Alpha Inc. has 5 million shares outstanding. The stock is currently trading for $40 with...

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Finance

Alpha Inc. has 5 million shares outstanding. The stock is currently trading for $40 with an EPS of $1.60 and a P/E multiple of 25. The companys directors announce a 10% stock dividend.

The companys EPS after the stock dividend will be closest to:

$1.76

$1.45

$1.36

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