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What is the price-earnings ratio of zinc corporation

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(Q1) The Smith family owns 200 shares of Elta stock. The company declared a 15% stock dividend. The Smiths now own:

(Q2) The market price per share of Zinc Corporation is $145, and earnings per share is $20. What is the price/earnings ratio of Zinc Corporation?

(Q3) Tom takes a loan of $60,000 at 4% annual interest to purchase a property worth $100,000. He earns an annual income of $12,000 after expenses but before interest and income taxes are deducted. If the income tax rate is 30%, then the leveraged return on the real estate investment is

Reference no: EM132641560

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