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The market price of a companys shares is established by a number of factors. Which one of the following is not one of those factors?

The market price of a companys shares is established by a number of factors. Which one of the following is not one of those factors?

a. an assessment by purchasers of the risk of equality ownership

b. the companys earnings per share

c. the companys dividend payments policy

d. the companys ratio of net income to debt

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