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Company XYZ closed at $ 46.54 46.54 per share with aP/E ratio of 15.77 15.77 . Answer the following questions. a. How much were earnings

Company XYZ closed at $46.54

46.54 per share with aP/E ratio of 15.77

15.77. Answer the following questions.

a.

How much were earnings pershare?

b.

Does the stock seemoverpriced, underpriced, or about right given that the historicalP/E ratio is12-14?

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