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A company had a market price of $38.90 per share, earnings per share of $1.95, and dividends per share of $1.10. Its price-earnings ratio equals:
A company had a market price of $38.90 per share, earnings per share of $1.95, and dividends per share of $1.10. Its price-earnings ratio equals:
a)18.0.
b)21.9.
c)25.9.
d)23.1.
e)19.9.
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
