Essay
Shown below is a correlation table showing correlation coefficients between stock price, earnings per share (EPS), and the price/earnings (P/E) ratio for a sample of 19 publicly traded companies. 
a. What is the correlation between stock price and EPS? Interpret.
b. What is the correlation between stock price and P/E? Interpret.
c. What is the correlation between EPS and P/E? Interpret.
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a. 0875, positive an...View Answer
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Correct Answer:
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