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Price-earnings ratio equals

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A company had a market price of $38.90 per share, earnings per share of $1.95, and dividends per share of $1.10. Its price-earnings ratio equals:

a) 18.0.
b) 21.9.
c) 25.9.
d) 23.1.
e) 19.9.

Reference no: EM131412533

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