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Vang Corp.'s stock price at the end of last year was $28 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 $28 and its earnings per share for the year were $2.30. What was its P/E ratio?

Select the correct answer.

a. 12.57

b. 12.17

c. 11.97

d. 12.37

e. 11.77

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