The closing share price is quoted at 22.87, with a P/E of 26 and a net change of 1.42.Based on this information, which one of the following statements is correct?
A) The closing price on the previous day was €1.42 higher than today's closing price.
B) A dealer will buy the share at €22.87 and sell it at €26.
C) The share price increased in value between yesterday's close and today's close by €.0142.
D) The earnings per share are equal to 1/26th of €22.87.
E) The earnings per share have increased by €1.42 this year.
Correct Answer:
Verified
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