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Q. |
TCs Ltd. acquires HCL Ltd., MPS of HCL Ltd. Is Rs.20 and EPS is Rs. 5 for an exchange ratio of 1.5: 1, what was the PE ratio used in acquiring HCL Ltd.? |
A. | rs. 4 |
B. | rs. 5 |
C. | rs. 6 |
D. | rs. 2.67 |
Answer» C. rs. 6 |
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