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Suppose IntelliChip and XL-Chip are leading chip makers. IntelliChip's and XL-Chip's P/E ratios are 13.23 and 23.0, respectively. Also, the industry-wide P/E ratio 17.45. Which

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Suppose IntelliChip and XL-Chip are leading chip makers. IntelliChip's and XL-Chip's P/E ratios are 13.23 and 23.0, respectively. Also, the industry-wide P/E ratio 17.45. Which of the following is correct? IntelliChip's earning yield is 7.56%. XL-Chip's earning yield is 9.73%. Industry-wide earning yield is 17.45%. The earnings yield of XL-Chip is greater than that IntelliChip

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