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Assume a stock selling for $85.24 has a dividend yield of 1.7 percent and a PE ratio of 11.0. What is the earnings per share

Assume a stock selling for $85.24 has a dividend yield of 1.7 percent and a PE ratio of 11.0. What is the earnings per share (EPS) for the company? (Round your answer to 2 decimal places. Omit the "$" sign in your response.)

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