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Company XYZ closed at $106.87 per share with a P/E ratio of 10.28. Answer the following questions. a. . How much were earnings per share?
Company XYZ closed at $106.87 per share with a P/E ratio of 10.28. Answer the following questions. a. . How much were earnings per share? Does the stock seem overpriced, underpriced, or about right given that the historical P/E ratio is 12-14? b
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