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Suppose the EPS of a stock is $2 and the current price to earnings ratio is 10. What is the current price of the stock?

Suppose the EPS of a stock is $2 and the current price to earnings ratio is 10. What is the current price of the stock?

a.

$5
b.

$20
c.

$8
d.

$40
e.

Cannot compute with given information

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