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04 End-of-Chapter Problems - Analysis of Financial Statements Back to Assignment Attempts: Keep the Highest: /1 5. Problem 4.05 Click here to read the eBook:

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04 End-of-Chapter Problems - Analysis of Financial Statements Back to Assignment Attempts: Keep the Highest: /1 5. Problem 4.05 Click here to read the eBook: Market Value Ratios PRICE/EARNINGS RATIO A company has an EPS of $2.40, a book value per share of $25.68, and a market/book ratio of 1.5x. What is its P/E ratio? The stock price should be rounded to the nearest cent. Round your answer to two decimal places. Grade It Now Save Continue Continue without saving on "PO A

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