单选题
The following information is available for a firm:
| Number of shares outstanding | 4 million |
| Tax rate | 40% |
| Cost of debt (pretax) | 10% |
| Current stock price | $20.00 |
| Net income | $6 million |
A plan to repurchase $10 million worth of shares using debt will most likely cause the earnings per share to:
【正确答案】
A
【答案解析】
A is correct.
Long way:
Short way:
