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Company A had EPS of $2 last year and forecasted EPS of $2.20 next year and the current share price is $22. The trailing P/E

Company A had EPS of $2 last year and forecasted EPS of $2.20 next year and the current share price is $22. The trailing P/E ratio is:

a) None of the listed choices is correct.

b) 11.0

c) 9.0

d) 10.0

e) 12.0

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