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Vang Corp.'s stock price at the end of last year was $29 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 $29 and its earnings per share for the year were $2.30. What was its P/E ratio?

a. 12.41

b. 12.81

c. 12.71

d. 12.61

e. 12.51

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