4. If a company's after-tax borrowing rate is greater than the company's earning yield when the company repurchases stoc
Posted: Sun Apr 17, 2022 6:23 pm
by answerhappygod
4. If a company's after-tax borrowing rate is greater than the company's earning
yield when the company repurchases stock with borrowed money,
going
forward, the earnings per share is most likely to:
A. increase.
B. decrease.
C. remain unchanged.
Please explain.