Oriole Corporation had a net income of $1620000 and paid dividends to common stockholders of $400000 in 2021. The weighted average number of shares outstanding in 2021 was 405000 shares. Oriole Corporation's common stock is selling for $40 per share on the NASDAQ. Oriole Corporation's price-earnings ratio is

A) 4.1 times.

B) 4 times.

C) 10.0 times.

D) 5.5 times.

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