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18 The price/earnings ratio: does not usually change by more than 10 (e.g, 8.2 to 9.2) during the year. can be used to determine the

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The price/earnings ratio: does not usually change by more than 10 (e.g, 8.2 to 9.2) during the year. can be used to determine the cash dividend to be received during the year. Is a measure of the relative expensiveness of a firm's common stock. Is calculated by dividing the earnings multiple by net income

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