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Company XYZ closed at $ 1 0 6 . 8 2 per share with a P / E ratio of 1 1 . 8 2

Company XYZ closed at $106.82 per share with a P/E ratio of 11.82. Answer the following questions.
a.
How much were earnings per share?
b.
Does the stock seem overpriced, underpriced, or about right given that the historical P/E ratio is12-14?
Question content area bottom
Part 1
a. How much were earnings per share?
$
enter your response here (Round to the nearest cent as needed.)

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