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Use the Given Stock Table to Answer the Question

Question 27

Multiple Choice

Use the given stock table to answer the question.
-Based on the fact that stocks historically trade at an average P/E ratio of about 12-14, does the stock price of company ABC seem cheap, about right, or expensive right now? Use the given stock table to answer the question. -Based on the fact that stocks historically trade at an average P/E ratio of about 12-14, does the stock price of company ABC seem cheap, about right, or expensive right now? A) cheap B) about right C) expensive


A) cheap
B) about right
C) expensive

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