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Consider the correlation matrix below showing correlation coefficients between stock price, earnings per share (EPS), and the price/earnings (P/E) ratio for a sample of 19
Consider the correlation matrix below showing correlation coefficients between stock price, earnings per share (EPS), and the price/earnings (P/E) ratio for a sample of 19 publicly traded companies: page 2 of 15 ECO220Y September 23, 2019 1. What is the correlation between stock price and EPS? Interpret. 2. What is the correlation between stock price and P/E ? Interpret. 3. What is the correlation between EPS and P/E? Interpret
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