# Dudley Hill Golf Club's market-to-book ratio is currently 3.4 times and the PE ratio is 7.20 times.If Dudley Hill Golf Club's common stock is currently selling at \$33.60 per share, what is the book value per share? (Round your answer to 2 decimal places.)Book value per share = _____.__What is the earnings per share? (Round your answer to 2 decimal places.)earnings per share = ____.__

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Dudley Hill Golf Club's market-to-book ratio is currently 3.4 times and the PE ratio is 7.20 times.

1. If Dudley Hill Golf Club's common stock is currently selling at \$33.60 per share, what is the book value per share? (Round your answer to 2 decimal places.)
• Book value per share = _____.__
1. What is the earnings per share? (Round your answer to 2 decimal places.)
• earnings per share = ____.__
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Step 1

Market to book value ratio = P / B = 3.4

PE ratio = P/E = 7.20

P = \$ 33.60 per share

Step 2

Part (1)

Book value per share = B = P ...

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