Value stocks usually have: low P/E ratios and high growth rates. High P/E ratios and low growth rates. Low P/E ratios and low growth rates. High P/E rations and high growth rates. Investors sell stock at the: dealer price. Bid price quoted ask price broker price. Stock valuation model dynamics make clear that higher growth rates lead to: lower valuations higher valuations lower growth rates continuing higher growth rates continuing International Business Machines (IBM) has earnings per share of $6.85 and a P/E ratio of 15.19. What is the stock price? $0.45 $2.22 $45.09 $104.05