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Business, 01.12.2020 17:00 des12410

If a stock's P/E ratio is 13.5 at a time when earnings are $3 per year and the dividend payout ratio is 40%, what is the stock's current price? A) $24.30
B) $18.00
C) $22.22
D) $40.50

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If a stock's P/E ratio is 13.5 at a time when earnings are $3 per year and the dividend payout ratio...
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