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Assume the following financial data for the Noble Corporation and Barnes Enterprises: If all the shares of the Noble Corporation are exchanged for those of

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Assume the following financial data for the Noble Corporation and Barnes Enterprises: If all the shares of the Noble Corporation are exchanged for those of Barnes Enterprises on a share-for-share basis, what will postmerger earnings per share be for Barnes Enterprises? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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