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Determine the closing price of a stock

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Question 1: The closing price of a stock is quoted at 32.08, with a P/E of 21 and a net change of .36. Based on this information, which one of the following statements is correct?

Point a. The closing price on the previous day was $.36 higher than today's closing price.

Point b. A dealer will buy the stock at $32.08 and sell it at $32.44 a share.

Point c. The current earnings per share equal $32.08 / 21 + $.36.

Point d. The current stock price is equivalent to 21 years of the firm's current earnings per share.

Point e. The earnings per share have increased by $.36 this year.

Reference no: EM132468887

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