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An acquirer with a P/E ratio of 15 and earnings of $1.86 seeks to take over another target firm with value $15.26 and P/E ratio

An acquirer with a P/E ratio of 15 and earnings of $1.86 seeks to take over another target firm with value $15.26 and P/E ratio 14. What is the new merged firm's P/E? (Assume a 1 to 1 share equivalence.)

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