Posted by Jason on Friday, July 25, 2008 at 2:19pm.
A firm with earning per share of $5 and a priceearnings ration of 15 will have a stock price of?
P/E ratio = stock price / earnis per share
15 = X / 5
X = 15(5)
x = 75
FINAL ANSWER stock price is $75.00
Is this correct?

finance (stock price)  Damon, Friday, July 25, 2008 at 2:47pm
Yes
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