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ABC Company has a market-to-book ratio of 3.7, net income of $77,400, a book value per share of $16.50, and 6,500 shares of stock outstanding.
ABC Company has a market-to-book ratio of 3.7, net income of $77,400, a book value per share of $16.50, and 6,500 shares of stock outstanding. What is the price-earnings ratio? 4.34 5.13 6.25 5.61 8.16
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