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Series 7: Investment Information & Recommendations
Series 7 practice questionmediumAnalysis and Valuation 516

A stock selling at $28 with earnings per share of $2 has a price-to-earnings ratio of:

  1. A2
  2. B14✓ Correct answer
  3. C16
  4. D12
Explanation

Why B14

The P/E ratio equals market price per share divided by earnings per share. $28 divided by $2 equals 14.

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