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You are considering the aquisition of New Circle Cinema. The company has a share price of $7.02 and reported earnings per share of $1.17. Other

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You are considering the aquisition of New Circle Cinema. The company has a share price of $7.02 and reported earnings per share of $1.17. Other firms in the same industry have an average P/E ratio of 10. art 1 Attempt 1/10 for 10pts. What is an appropriate acquisition premium for the company (in $ )

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