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A company has an Earnings Per Share (EPS) of $2.00 and a price / share of $20. What is its P/E ratio, What does it

A company has an Earnings Per Share (EPS) of $2.00 and a price / share of $20. What is its P/E ratio, What does it mean if a firm has a high or low P/E ratio, Is there a distinction between current and future prospects?

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