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Com Chip is a computer chip maker. Its stock is selling at $50 a share and its earnings per share is $2. its book value

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Com Chip is a computer chip maker. Its stock is selling at $50 a share and its earnings per share is $2. its book value is $40 per share. What is the stock's P/E ratio? a $50.00 b. $45.80 c. $25.00 d. $27.78

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