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Gnomes R Us just paid a dividend of $1.72 per share. The company has a dividend payout ratio of 25 percent. If the PE ratio
Gnomes R Us just paid a dividend of $1.72 per share. The company has a dividend payout ratio of 25 percent. If the PE ratio is 15.1 times, what is the stock price? Multiple Choice $34.63 $103.89 $69.26 $6.49 $25.97
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