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ABC Corp has produced its first set of financial results. Ordinary shares in the company were issued at the start of the financial year at
ABC Corp has produced its first set of financial results. Ordinary shares in the company were issued at the start of the financial year at a price of $ each. The par value of each ordinary share in was million shares were issued by the company and the first year's profit for the year is $ million. The current market price of the shares is $ What is the priceearnings ratio?
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