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AAPL had $12 cash per share, a stock price of $35, and a P/E ratio of 19.8 in 2014 . What is the cash-adjusted P/E

AAPL had $12 cash per share, a stock price of $35, and a P/E ratio of 19.8 in 2014 . What is the cash-adjusted P/E ratio? (Hint: See one of the participation quiz questions.) 13.01 18.12 17.67 5.68

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