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A stock has $2.00 of earnings per share (EPS). It trades for 7.50 times EPS. How much is each share trading for?
A stock has $2.00 of earnings per share (EPS). It trades for 7.50 times EPS.
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
