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The market price of Golden Inc. stock is $15 per share. The formula for P/E ratio is as follows: P/E ratio = Stock price per

The market price of Golden Inc. stock is $15 per share. The formula for P/E ratio is as follows: P/E ratio = Stock price per share / Earnings per share

If the stock earns $3 per share, then its P/E ratio is __________.

a. 0.2

b. 45

c. 5

d. 12

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