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A company acquires another company for $600 million in cash. The acquired company's net income is $80 million, and the average market capitalization of the

A company acquires another company for $600 million in cash. The acquired company's net income is $80 million, and the average market capitalization of the acquiring company is $2.5 billion. What is the Price/Earnings (P/E) ratio for the acquisition? a) 7.5 b) 10.0 c) 15.0 d) 20.0 e) 31.0

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