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A company had a market price of $38.20 per share, earnings per share of $1.60, and dividends per share of $0.75. Its price-earnings ratio equals:

A company had a market price of $38.20 per share, earnings per share of $1.60, and dividends per share of $0.75. Its price-earnings ratio equals: Multiple Choice 271. 23.9. 29.9. 25.9

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