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DailyFinance.com reported one $ 4 0 share of Coca - Cola s ( KO ) stock bought in 1 9 1 9 , with dividends

DailyFinance.com reported one $40 share of Coca-Colas (KO) stock bought in 1919, with dividends reinvested, would be worth $9.8 million today. If the price-earnings ratio was 22.15 at that time, what were the annual earnings per share?
Note: Round your answer to the nearest cent.

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