If the market price of a bank's stock is $45, its cash dividends are $4, it pays a 5% stock dividend, and its earnings are $9, what is its price-earnings ratio?

Name: If the market price of a bank's stock is $45, its cash dividends are $4, it pays a 5% stock dividend, and its earnings are $9, what is its price-earnings ratio?
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The Answer of If the market price of a bank's stock is $45, its cash dividends are $4, it pays a 5% stock dividend, and its earnings are $9, what is its price-earnings ratio?

If the Market Price of a Bank's Stock Is $45