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What the market price per share of common stock is

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Reference no: EM132769727

Problem 1: Hotel Company has $4 earnings per share on common stock, and a 20.0 price-earnings (P/E) ratio. The market price per share of common stock is _____.

A. $20
B. $40
C. $60
D. $80
E. none of the above

Reference no: EM132769727

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