Do not round. Your company has earnings per share of 54. It has...
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Do not round.
Your company has earnings per share of 54. It has 1 milion shares outstanding, each of which has a price of $24. You are thinking of buying TargetCo, which has samnings per share of $2.1 million shares outstanding, and a price per share of $15. You will pay for TargetCo by issuing new shares. There are no expected synergies from the transaction Complete parts a through d below. *. you pay no premium to buy TargetCo, what will your earnings per sharo be after the merger? Your new caminos per share will be (Round to the nearest cent.) correct
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Do not round. 