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National City Bank has 701,200,000 shares of common stock outstanding that are currently selling for $43.68 per share on the New York Stock Exchange. If

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National City Bank has 701,200,000 shares of common stock outstanding that are currently selling for $43.68 per share on the New York Stock Exchange. If National City's net income was $3,926,720,000 in the year that just ended, what was its earnings per share and what is its current price-earnings ratio? (Round answers to 2 decimal places, e.g. 15.25.)

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