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Question 17 (1 point) The following information is available for Company XYZ: Net profit after tax: $ 4,000,000; Number of ordinary shares outstanding: 800,000; Share

Question 17 (1 point) The following information is available for Company XYZ: Net profit after tax: $ 4,000,000; Number of ordinary shares outstanding: 800,000; Share price on the market: $ 35; Dividend per share: $ 2.5. Calculate its price-to-earnings ratio.

options:

4 times 5 times 2.5 times 7 times 3.5 times

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