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9 thank you Select the best answer for the question. 9. The market price of Friden Company's common stock increased from $15 to $18. Earnings

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Select the best answer for the question. 9. The market price of Friden Company's common stock increased from $15 to $18. Earnings per share of common stock remained unchanged. What would happen to the company's price-earnings ratio? O A. Decrease O B. Remain unchanged O C. Increase O D. Impossible to determine

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