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A company had a market price of $38.70 per share, earnings per share of $1.85, and dividends per share of $1.00. Its price-earnings ratio equals:

A company had a market price of $38.70 per share, earnings per share of $1.85, and dividends per share of $1.00. Its price-earnings ratio equals:

24.1.
26.9.
22.9.
20.9.
19.0.

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