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Harold's Corporation earns an EPS of $4.00 at the end of the year. Eight percent preferred shares of $100,000 were issued during the year. It
Harold's Corporation earns an EPS of $4.00 at the end of the year. Eight percent preferred shares of $100,000 were issued during the year. It has a P/E ratio of $5.00. If there is an increase of $2 in EPS assuming P/E remaining constant, what can be concluded? Select a Choice Below current question choices OptionA The book value would increase by $10. OptionB The market price would increase by $10. OptionC The market price would increase by $4. OptionD The market price would increase by $5
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