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Please help solve. The P/E ratio (price-to-earnings ratio) of a company's stock is the ratio of the price of the stock to the company's earnings
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The P/E ratio (price-to-earnings ratio) of a company's stock is the ratio of the price of the stock to the company's earnings (or profits) per share of stock, both measured in dollars. Find the P/E ratio of a stock that sells for $16.55 and has an earnings of $0.75 per share. The P/E ratio is (Type an integer or decimal rounded to two decimal places as needed.)Step by Step Solution
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