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Share of common stock be selling for in the market

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Reference no: EM132079558

A company is expected to earn $3.52 per share this year. The company has a dividend payout ratio of 50%, book value per share of $33.5 and a P/E ratio of 15. What should one share of common stock be selling for in the market?

None of the answers is correct

$24.12

$52.8

$33.5

$63.25

Reference no: EM132079558

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