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Consider the following premerger information about Firm A and Firm B: Firm A Firm B Total earnings $ 2,300 $ 900 Shares outstanding 900 200
Consider the following premerger information about Firm A and Firm B: Firm A Firm B Total earnings $ 2,300 $ 900 Shares outstanding 900 200 Price per share $ 25 $ 29 Assume that Firm A acquires Firm B via an exchange of stock at a price of $31 for each share of B's stock. Both A and B have no debt outstanding. a. What will the earnings per share, EPS, of Firm A be
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