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Company XYZ closed at $100.59 per share with a P/E ratio of 9.62. Answer the following questions. a. How much were earnings per share? b.

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Company XYZ closed at $100.59 per share with a P/E ratio of 9.62. 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 is 12-14? a. How much were earnings per share? $(Round to the nearest cent as needed.) b. Based on the fact that Company XYZ stock historically trades at an average P/E ratio of 12-14, does the stock price seem overpriced, underpriced, or about right? About right Underpriced O Overpriced

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