Question $32$

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Marked out of $1\mathrm{.}00$

P Flag question

The price earnings $($P$/$E$)$ ratio is $4\mathrm{.}43.$ The earnings per share over the last twelve months is $$3\mathrm{.}18.$ Common stock has a par value of $$2\mathrm{.}69$ per share and was issued at $$10\mathrm{.}25$ per share. What is the current market price of the stock?

a$.42$

b$.11\mathrm{.}92$

c$.10\mathrm{.}11$

d$.14\mathrm{.}09$