The XYZ Company reported earnings per share (EPS) of $10 in 2023 and paid dividends of $2 per share. The current market price per share is $50, and the book value per share is $40. What is the company's price-earnings ratio?

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The XYZ Company reported earnings per share (EPS) of $10 in
2023 and paid dividends of $2 per share. The current market
price per share is $50, and the book value per share is $40. What
is the company's price-earnings ratio?
Transcribed Image Text:The XYZ Company reported earnings per share (EPS) of $10 in 2023 and paid dividends of $2 per share. The current market price per share is $50, and the book value per share is $40. What is the company's price-earnings ratio?
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