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If my firm's price to earnings (P/E) ratio is 2 and my stock just fell (today) in market value from $40 to $30. Assuming no
If my firm's price to earnings (P/E) ratio is 2 and my stock just fell (today) in market value from $40 to $30. Assuming no change in earnings, my new P/E ratio is bound to be:
zero
less than 2
more than 2
It stays at 2
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