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Question
A firm has net income of $22,500 and a book value per share of $3.10. The firm has 30,000 shares of stock outstanding and a price-earnings ratio of 15.9. What is the price-book ratio?A. 1.7
B. 2.4
C. 2.7
D. 3.8
E. 4.3
Answer
This answer is hidden. It contains 67 characters.
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