The closing price of a stock is quoted at 22.87, with a P/E of 26 and a net change of 1.42. Based on this information, which one of the following statements is correct?

		a. The closing price on the previous day was $1.42 higher than today's closing price.
		b. A dealer will buy the stock at $22.87 and sell it at $26 a share.
		c. The stock increased in value between yesterday's close and today's close by $.0142.
		d. The earnings per share are equal to 1/26th of $22.87.