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A company had a market price of $37.70 per share, earnings per share of $1.35, and dividends per share of $0.50. Its price-earnings ratio equals:
A company had a market price of $37.70 per share, earnings per share of $1.35, and dividends per share of $0.50. Its price-earnings ratio equals:
a)27.9.
b)29.9.
c)31.1.
d)33.9.
e)26.6.
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
