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Please provide A & B (Market value ratios) Garret Industries has a pricelearnings ratio of 20.61X. a. If Garret's earnings per share is $1.13, what

image text in transcribed Please provide A & B

(Market value ratios) Garret Industries has a pricelearnings ratio of 20.61X. a. If Garret's earnings per share is $1.13, what is the price per share of Garret's stock? b. Using the price per share you found in part a, determine the price/book ratio if Garret's equity book value per share is $9.89. a. The price per share of Garret's stock is $ . (Round to the nearest cent.)

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