10. Saturn has a share price today of $23.45 and their expected earnings in the next year are $1.56 per share. If the industry average P/E ratio is 12.3, investors value Saturn shares at: A. a lower price than $1 in earnings peer group shares. B. a higher price per $1 in earnings than peer group shares. C. approximately the same price per $1 in earnings as shares from other firms in the peer group