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Gnomes R Us just pald a dividend of $1.80 per share. The company has a dividend payout ratio of 65 percent. If the PE ratio

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Gnomes R Us just pald a dividend of $1.80 per share. The company has a dividend payout ratio of 65 percent. If the PE ratio IS 15.9 times, what is the stock price? $81.77 O $28.62 O $62.90 O $44.03 O $18.60

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