Apple has a P/E ratio of 23 . Google has a P/E ratio of 18 . According to the P/E approach, assuming Apple and Google are similar in all other dimensions (other than P&E ), an investor should buy: 56% Apple and 44% Google Google Apple 50% Apple and 50% Google Corporate taxes have to be paid on profits before distributing dividends or buying back shares. The company does not have to pay taxes before paying coupon payments on bonds. False True