CoreyHammond6712 CoreyHammond6712
  • 26-04-2024
  • Business
Answered

A stock has a current dividend of $1. 75 and current earnings of $3. 20 per share. If the appropriate P/E ratio is 12, what is the appropriate price for this stock?
a) $16. 80
b) $19. 20
c) $20. 40
d) $24. 00



Answer :

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