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Suppose you own stock in Beach Front Resort Inc. which had earnings of $2.10 per share last year. If yesterday's closing price was $58.80, what

Suppose you own stock in Beach Front Resort Inc. which had earnings of $2.10 per share last year. If yesterday's closing price was $58.80, what is the price earnings ratio of the stock? (Round to the nearest whole number)

a. 28 b. 2.8 c. 4 d. 0.04

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