Question
Reagan Corp. has reported a net income of $827,000 for the year. The company's share price is $12.67, and the company has320,910 shares outstanding. Compute
Reagan Corp. has reported a net income of $827,000 for the year. The company's share price is $12.67, and the company has320,910 shares outstanding. Compute the firm's price-earnings ratio upto two decimal places.
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
