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    Exam 17: Company Analysis
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    Find the P/E Ratio of a Stock with a ROE
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Find the P/E Ratio of a Stock with a ROE

Question 24

Question 24

Essay

Find the P/E ratio of a stock with a ROE of 30 per cent, a book value per share of $5.00, and a current stock price of $30.

Correct Answer:

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P/E = ROE(Book value...

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