The following information has been taken from the X Company Earnings per share $15 Dividend per share $9 Market price per share $120 Book value per share $90 What is the price-earnings ratio? Select one: O 12.5 O 7.5 O None of the answers are correct 8.
The following information has been taken from the X Company Earnings per share $15 Dividend per share $9 Market price per share $120 Book value per share $90 What is the price-earnings ratio? Select one: O 12.5 O 7.5 O None of the answers are correct 8.
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
Problem 1PS
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Transcribed Image Text:Question 11
The following information has been taken from the X Company
Not yet
answered
Earnings per share
$15
Marked out of
Dividend per share
2.00
$9
P Flag question
Market price per share
$120
Book value per share
$90
What is the price-earnings ratio?
Select one:
O 12.5
O 7.5
O None of the answers are correct
O 8
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