Multiple Choice
Dearborn Company has earnings per share of $2.40,it paid a dividend of $1.00 per share,and the market price of the company's stock is $90 per share.The price/earnings ratio is closest to:
A) 37.50.
B) 64.29.
C) 2.40.
D) 2.00.
Correct Answer:
Verified
Correct Answer:
Verified
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