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A company has net income per share of $2.40, book value per share of $10.45, and a market/book ratio of 3.1. What is the company's

A company has net income per share of $2.40, book value per share of $10.45, and a market/book ratio of 3.1. What is the company's price/earnings ratio? 1) 13.5 2) 9.3 3) 11.5 4) 12.9 5) 10.8

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