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A corporation's stock is selling at $40 per share, and its earnings are $8 per share. The corporation is paying an annual dividend of $4.00.
A corporation's stock is selling at $40 per share, and its earnings are $8 per share. The corporation is paying an annual dividend of $4.00. What is the price-earnings ratio?
| a | 5.0 |
| b | 50.0 |
| c | 320.0 |
| d | 32.0 |
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