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Gnomes R Us just paid a dividend of $1.75 per share. The company has a dividend payout ratio of 40 percent. If the PE ratio

Gnomes R Us just paid a dividend of $1.75 per share. The company has a dividend payout ratio of 40 percent. If the PE ratio is 15.4 times, what is the stock price? Multiple Choice $44.92 $26.95 O $67.38 $56.15 $10.78

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