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A firm with earnings per share of $3 and a price-earnings (P/E) ratio of 24 will have a stock market price of: a. $72.00. b.

A firm with earnings per share of $3 and a price-earnings (P/E) ratio of 24 will have a stock market price of: a. $72.00. b. $15.00. c. $6.67. d. $3.00

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