How is the price/earnings ratio (PER) calculated? (a) Market price per share/Book value per share. (b) Market

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How is the price/earnings ratio (PER) calculated?

(a) Market price per share/Book value per share.

(b) Market price per share/Earnings per share.

(c) Cash dividends per share/Market price per share.

(d) Cash dividends per share/Earnings per share.

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