问题如下图：
选项：
A. 
B. 
C. 
解释：
eps = earning per share, earning 不变，share因回购下降，eps不是应该上升吗
NO.PZ2016021705000053 问题如下 von Lt common shares sell $40 a share antheir estimateprice-to-earnings ratio (P/E) is 32. If von borrows fun to repurchase shares its after-tcost of of 5 percent, its EPS is most likely to: A.increase. B.crease. C.remain the same. B is correct.If the P/E is 32, the earnings-to-priratio (earnings yielor E/P) is 1/32 = 3.125 percent. When the cost of capitis greater ththe earnings yiel earnings lution will result from the buyback. RT
NO.PZ2016021705000053 问题如下 von Lt common shares sell $40 a share antheir estimateprice-to-earnings ratio (P/E) is 32. If von borrows fun to repurchase shares its after-tcost of of 5 percent, its EPS is most likely to: A.increase. B.crease. C.remain the same. B is correct.If the P/E is 32, the earnings-to-priratio (earnings yielor E/P) is 1/32 = 3.125 percent. When the cost of capitis greater ththe earnings yiel earnings lution will result from the buyback. 如题这个问题这个E指代的什么啊
NO.PZ2016021705000053 我看答案说每股收益率小于cost of capital，所以会稀释P/E，但是earning yiel（E/P）也体现不了每股收益率这个概念啊。
请问如何理解这一题的答案呢？
