33. If the present value of the dividends in a non-constant growth period is $24.80 and the present value of the dividends in the constant growth period thereafter is S26.22, the price of the stock today is: a. $24.80 b. $26.22 c. $51.02 34. The Price/Earnings multiple (or ratio) is used to determine the price of a share of stock whern a. The stock is not paying a dividend b. The stock is priced below the book value of the stock c. The fundamental price of the stock is higher than the market value of the stock 35. The P/E ratio for a corporation with a stock price of $100 and earnings per share of S20 is: a. 20 b. 10 36. A corporation with a P/E ratio of 21 that is expected to earn $4.04 per share, would have an expected stock price today of: a. $75.25 b. $84.84 c. $100.00