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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

-

Cola

(

)

stock bought in

1919,

with dividends reinvested, would be worth $

9.8

million today. If the price

-

earnings ratio was

27.21

at that time, what were the annual earnings per share?

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