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What is the price - earnings ( P E ratio for a company that has a market price of $ 2 4 and EPS of

What is the price

-

earnings

(\frac{P}{E}

ratio for a company that has a market price of $

24

and EPS of $

2 ?

What does the P

/

E ratio you came up with mean?

(

SHOW YOUR CALCULATIONS

) .

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