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If Lopez has 1,200,000 shares outstanding, a book value per share of $12.00, and a stock price of $30.00, what is the P/E ratio? a.

If Lopez has 1,200,000 shares outstanding, a book value per share of $12.00, and a stock price of $30.00, what is the P/E ratio?

a. 8

b. 15

c. 20

d. 30

e. 45

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