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Reading a stock quote, you see that Builtrite pays a $2.00 dividend and has a PE of 12. You also note that Builtrite pays out

Reading a stock quote, you see that Builtrite pays a $2.00 dividend and has a PE of 12. You also note that Builtrite pays out one quarter of its earnings as dividends. What is the price of Builtrite's stock? $40 O $64 $96 O $120

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