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After a Merger with Velo Blind, Sunlite's Earnings Per Share

Question 12

Multiple Choice

After a merger with Velo Blind, Sunlite's earnings per share are $1.50. If Sunlite had a P/E ratio of 14 times before the merger and a price of $28 a share after the merger, what is Sunlite's post-merger P/E?


A) 16.8
B) 14.3
C) 20.2
D) 18.7

Correct Answer:

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