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    Exam 20: Mergers
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    Last Year a Company Had Earnings Per Share of 20p
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Last Year a Company Had Earnings Per Share of 20p

Question 2

Question 2

Multiple Choice

Last year a company had earnings per share of 20p. A year ago the share price was 200p. This year's earnings are likely to be 30p, and the share price today is 250p. What is the historical PER?


A) 6.67
B) 10
C) 8.3
D) 12..5

Correct Answer:

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