QUESTION 11 Song Corp's stock price at the end of last year was $23.50 and its earnings per share for the year were $1.30. What was its P/E ratio? O a.17.17 O b. 18.98 O c. 19.93 d. 18.08 Oe. 20.93

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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QUESTION 11
Song Corp's stock price at the end of last year was $23.50 and its earnings per share for the year were $1.30. What was its P/E ratio?
a.17.17
b. 18.98
O c. 19.93
d. 18.08
e.20.93
Transcribed Image Text:QUESTION 11 Song Corp's stock price at the end of last year was $23.50 and its earnings per share for the year were $1.30. What was its P/E ratio? a.17.17 b. 18.98 O c. 19.93 d. 18.08 e.20.93
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