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ABC Corp. has $32,097.00 in Net Income. The firm has 7,500 shares of stock outstanding. The market price per share of the firm is $15.

ABC Corp. has $32,097.00 in Net Income. The firm has 7,500 shares of stock outstanding. The market price per share of the firm is $15. What is the price-earnings ratio?

3.51

4.27

3.15

3.98

4.42

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