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Edmund Enterprises recently made a large investment to upgrade its technology. While these improvements won t have much effect on performance in the short run, they are expected to reduce future costs significantly.

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Edmund Enterprises recently made a large investment to upgrade its technology. While these improvements won t have much effect on performance in the short run, they are expected to reduce future costs significantly. What effect will this investment have on Edmund Enterprises earnings per share this year? What effect might this investment has on the company s intrinsic value and stock price?