Multiple Choice
A company has earnings per share of $1.20,it paid a dividend of $.50 per share,and the market price of the company's stock is $45 per share.The price/earnings ratio is closest to:
A) 37.50.
B) 64.29.
C) 2.40.
D) 2.0.
Correct Answer:
Verified
Correct Answer:
Verified
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