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Homework: Sections 4A, 4B, and 4C Score: 0 of 1 pt 17 of 21 (16 complete) 4.C.41 ► Company XYZ closed at $54.53 per share wit
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Answer #1

a) Earnings per share =Market price/P/E ratio =54.53/12.63 =4.32

b) Stock's price seems to be overpriced as it is trading at 10 times its Earning per share.

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