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Company Z is currently priced at $45. They just reported earnings per share of $0.84. What is the P/E ratio that investors are willing to

Company Z is currently priced at

$45.

They just reported earnings per share of

$0.84.

What is the P/E ratio that investors are willing to pay for a share of Company Z's stock?

The P/E ratio investors are willing to pay for a share of Company Z's stock is

nothing.

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Intermediate Financial Management

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