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The price/earnings ratio _________. A. is used by investors to measure the liquidity of their portfolio B. represents the market price of one share of

The price/earnings ratio _________.

A.

is used by investors to measure the liquidity of their portfolio

B.

represents the market price of one share of common stock

C.

of 8.5 implies that the company's earnings per share is 8.5 times the market price of one share of its common stock

D.

is most useful when comparing one company to another

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