Respuesta :

Answer:

More information is required

Explanation:

A company has a market value of $990 million

The shares that are outstanding is $10 million

ROE is 20%

The first step is to calculate the net income

Net income = ROE × shareholder's equity

The shareholder equity value is not given in the question

Therefore it will be impossible to calculate the Earnings per share

Hence more information is required

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