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TB MC Qu. 9-46 (Algo) The Crestar Company reported net income of... The Crestor Company reported net income of $75,600 on 16,000 average outstanding common

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TB MC Qu. 9-46 (Algo) The Crestar Company reported net income of... The Crestor Company reported net income of $75,600 on 16,000 average outstanding common shares. Preferred dividends total $11,600. On the most recent trading day, the preferred shares sold at $46 and the common shares sold at $76. What is this company's current price-earnings ratio? (Do not round your intermediate calculations.) Multiple Choice O 16.00 O 19.00 2016 o None of these answers are correct

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