You are interested in investing in the stock of a company, Financial Management

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You are interested in investing in the stock of a company

You are interested in investing in the stock of a company whose current P/E ratio is 18. If the current price of the stock is $81 per share, what are the company’s earnings per share? If the company’s earnings per share are $3.25, what is the current price of the stock?

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Financial Management: You are interested in investing in the stock of a company

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