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Calculate Price Earnings Growth Ratio Given the Following Information: Net

Question 326

Multiple Choice

Calculate price earnings growth ratio given the following information: net income = $750,000; shares outstanding = 500,000; stock price = $28; future earnings growth rate = 6%.


A) 3.01
B) 3.11
C) 3.21
D) 3.31
E) 3.41

Correct Answer:

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