Multiple Choice
Daisy Inc.'s book value per share is $10, and its market-to-book ratio is 1.5. If its earnings per share is $2.5, calculate its price/earnings (P/E) ratio.
A) 6.0
B) 6.7
C) 4.0
D) 10.0
E) 3.3
Correct Answer:
Verified
Correct Answer:
Verified
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