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Today the common stock of Gresham Technology closed at $25.80 per share, down $0.39 from yesterday. If the company has 4.6 million shares outstanding and

Today the common stock of Gresham Technology closed at $25.80 per share, down $0.39 from yesterday. If the company has 4.6 million shares outstanding and annual earnings of $11.4 million, what is its P/E ratio today? What was its P/E ratio yesterday?

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