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Camp Company Had Total Earnings of $600 Million in 2013,out

Question 19

Multiple Choice

Camp Company had total earnings of $600 million in 2013,out of which it retained 20 percent for future investments.In 2013,its stock featured a dividend yield of 4 percent and 100 million shares were outstanding.The price-earnings ratio for Camp Company stock was


A) 5.
B) 150.
C) 20.
D) 25.

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