Answered: What was its P/E ratio?

Business

Finance

What was its P/E ratio?

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter7: Stocks (equity) - Characterstics And Valuation

Section: Chapter Questions

Problem 18PROB

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Song Corp's stock price at the end of last year was $27.75 and its earnings per share for the year were $1.30. What was its P/E ratio?

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