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The Jeter Corporation is considering acquiring the A - Rod Corporation. The data for the two companies are as follows: table [ [ Total

The Jeter Corporation is considering acquiring the A-Rod Corporation. The data for the two companies are as follows:
\table[[Total earnings,A-Rod Corp.,Jeter Corp.,],[Number of shares of stock outstanding,$871,000,$4,700,000,],[Earnings per share,335,000,2,350,000,],[Price-earnings ratio (P/E),$,2.60,$20
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