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Today the common stock of Gresham Technology closed at $21.80 per share, down $0.33 from yesterday. If the company has 4.9 million shares outstanding and

Today the common stock of Gresham Technology closed at $21.80 per share, down $0.33 from yesterday. If the company has 4.9 million shares outstanding and annual earnings of $12.1 million, what is its P/E ratio today? What was its P/E ratio yesterday?

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