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Find the market price per share of common stock

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Reference no: EM132776490

Question - Hotel Company has $4 earnings per share on common stock, and a 20.0 price-earnings (P/E) ratio. Find the market price per share of common stock?

A. $20

B. $40

C. $60

D. $80

E. none of the above

Reference no: EM132776490

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