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A company's stock is trading at $50 per share with a price-to-earnings (P/E) ratio of 20. What the company's earnings per share (EPS)? a) $1.50 b) $2.00 c) $2.50 d) $3.00

A company's stock is trading at $50 per share with a price-to-earnings (P/E) ratio of 20. What the company's earnings per share (EPS)? a) $1.50 b) $2.00 c) $2.50 d) $3.00

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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A company's stock is trading at $50 per share with a price-to-earnings (P/E) ratio of 20. What the company's earnings per share (EPS)? a) $1.50 b) $2.00 c) $2.50 d) $3.00
Transcribed Image Text:A company's stock is trading at $50 per share with a price-to-earnings (P/E) ratio of 20. What the company's earnings per share (EPS)? a) $1.50 b) $2.00 c) $2.50 d) $3.00
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