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What is the price-earnings ratio of the stock

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Question - Suppose you own stock in National Advertising which had earnings of $2.50 per share last year. If yesterday's closing price was $41.50, what is the price-earnings ratio of the stock?

A. 6:1

B. 1:17

C. 17:1

D. 4:1

Reference no: EM132251766

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