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The shareholders of Can Company have voted in favor of a buyout offer from Man Ltd . The information pertinent to each firm is as

The shareholders of Can Company have voted in favor of a buyout offer from Man Ltd. The information pertinent to each firm is as follows: Data Can Man PE Ratio 68 Share in Issue 180000180000 Earnings (after tax) R 420000 R 540000 Can shareholders will receive one share in Man for every share they hold. 4.1.2 Calculate Mans share price and PE ratio if the NPV of the acquisition is zero. (5)

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