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Vang Corp.'s stock price at the end of last year was $50 and its earnings per share for the year were $2.30. What was its

Vang Corp.'s stock price at the end of last year was $50 and its earnings per share for the year were $2.30. What was its P/E ratio?

Select the correct answer.

a. 21.74
b. 21.64
c. 21.44
d. 21.54
e. 21.34

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