If the present value of the dividends in a nonconstant growth period is $24.80 and the present value of the dividends in the constant growth period thereafter is $26.22. the price of the stock today is: S24.80 $26.22 $51.02 38. The Price Earnings multiple (or ratio) is used to determine the price of a share of stock when: The stock is not paying a dividend The stock is priced below the book value of the stock The fundamental price of the stock is higher than the market value of the stock The P/E ratio for a corporation with a stock price of $ 100 and earnings per share of $20 is: 20 10 5 40. A corporation with a P/E ratio of 21 that is expected to cam $4.04 per share, would have an expected stock price today of: $75.25 $84.84 $100.00 In a few sentences tell me what the fundamental financial principal of the time value of money means. In a few sentences tell me what the fundamental financial principal of risk and return means