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Reed Plastics Just Announced the Earnings Per Share for the Quarter

Question 59

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) -$.12
B) -$.06
C) $.06
D) $.00
E) $.03

Correct Answer:

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