may be a likely takeover target 28. DELL shares are at $20, with a multiple of 15.5. DELL earns $750 million more in profit next DELL's share price be next year? with a multiple of 15.5. DELL has 2.25 Bn shares outstanding. If n more in profit next year, all other things being equal, what would a. $25 b. $19 c. $5 d. $27 e. Cannot be calculated 29. Using the same data given in the previous question, if DELL's earnings do not change, how much would the multiple have to increase to achieve the same share-price increase? a. 19.5 b. ~25.1 C. 4.5 Cannot be calculated e