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The information taken from a company's financial records for the current year is as follows: Earnings per share $ 5.00 Market price per share $60.00

The information taken from a company's financial records for the current year is as follows: Earnings per share $ 5.00 Market price per share $60.00 Dividend per share $ 4.00 Book value per share $40.00 The price-earnings ratio is: a. 12. b. 10. c. 18. d. 20.

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