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Your company has earnings per share of $6. It has 1 million shares outstanding, each of which has a price of $24. You are

Your company has earnings per share of $6. It has 1 million shares outstanding, each of which has a price of $24. You are thinking of buying TargetCo, which has earnings per share of $3, 1 million. shares outstanding, and a price per share of $21. You will pay for TargetCo by issuing new shares. There are no expected synergies from the transaction. Complete parts a through d below.

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