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Reed Plastics Just Announced the Earnings Per Share for the Quarter

Question 8

Multiple Choice

Reed Plastics just announced the earnings per share for the quarter just ended were $.45 a share.Analysts were expecting $.51.What is the amount of the surprise portion of the announcement?


A) -$0.12
B) -$0.06
C) $0.06
D) $0.00
E) $0.03

Correct Answer:

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