The Following Data Have Been Taken from Your Company's Financial

Multiple Choice

The following data have been taken from your company's financial records for the current year: $\begin{array}{lr}\text { Earnings per share}&\$4.50\\\text {Market price per share }&\$46.00\\\text {Dividend per share }&\$3.00\\\text {Book value per share }&\$31.00\\\end{array}$
The price-earnings ratio is

A) 10.2.
B) 6.9.
C) 1.5.
D) 15.3.