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Question 8 (0.5 points) You own shares of a company that reported after-tax earnings of $28 million and has issued 7 million shares of stock.

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Question 8 (0.5 points) You own shares of a company that reported after-tax earnings of $28 million and has issued 7 million shares of stock. The company's stock price is $23.50 per share. Calculate the company's price-earnings (PE) ratio. Your

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