1.

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» D. rs. 2.67


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