A firm's earnings per share is $4.11 and its price to earning ratio is 9.7. What is the firm's stock price? $39.87 ○ $0.42 $2.36 ○ $5.59

Personal Finance
13th Edition
ISBN:9781337669214
Author:GARMAN
Publisher:GARMAN
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
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A firm's earnings per share is $4.11 and its price to earning
ratio is 9.7. What is the firm's stock price?
$39.87
○ $0.42
$2.36
○ $5.59
Transcribed Image Text:A firm's earnings per share is $4.11 and its price to earning ratio is 9.7. What is the firm's stock price? $39.87 ○ $0.42 $2.36 ○ $5.59
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