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Blue Corporation reported earnings per share of common stock at $ 1 2 in 2 0 1 7 and paid dividends of $ 3 per

Blue Corporation reported earnings per share of common stock at $12 in 2017 and paid dividends of $3 per share. The current market price per share is $102 and the book value per share is $54. Blue Corporation has no preferred stock. How much is the companys price-earnings ratio?

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