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Strong Growth Inc. just had its earnings call. It released earnings and reported ( $ 2.5 ) of earnings per share. Because analysts expected EPS
Strong Growth Inc. just had its earnings call. It released earnings and reported \\( \\$ 2.5 \\) of earnings per share. Because analysts expected EPS to be \\( \\$ 3 \\), the price of the stock dropped from \\( \\$ 33 \\) to \\( \\$ 29.5 \\) after the earnings release. What is Strong Growth Inc. current P/E ratio? None of these are correct (B) 11.00 (C) 11.80 (D) 13.20 (E) 9.83
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