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A stock quote shows a P/E of 18. How is the ratio defined? Multiple choice question. A. Average price for the last 52-week period/Last four

A stock quote shows a P/E of 18. How is the ratio defined?

Multiple choice question.

A. Average price for the last 52-week period/Last four quarters of earnings

B. Current stock price/Estimated annual earnings for the next 12 months

C. Average price for the last 52-week period/Estimated annual earnings for the next 12 months

D. Current stock price/Last four quarters of earnings

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