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    Business Math Using Excel
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    Exam 12: Annuities, Stocks, and Bonds
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    A Company Reports Net Earnings of $2
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A Company Reports Net Earnings of $2

Question 9

Question 9

True/False

A company reports net earnings of $2.50 on stock selling at $45.25. Rounded to the nearest whole number, the price-earnings ratio is 12.

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