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Comment on the effect that EPS and the P/E ratio have on the market price of the stock. (Select the best choice below.) When the
Comment on the effect that EPS and the P/E ratio have on the market price of the stock. (Select the best choice below.)\ When the EPS rises (drops) for a given P/E multiple, the market price of the stock increases (decreases).\ When the EPS rises (drops) for a given P/E multiple, the market price of the stock decreases (increases).
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