In August 2011,Abercrombie & Fitch (ANF) posted a price-earnings ratio of 37.If the price of the stock at that time was $65 per share,which of the following must have been true?
A) ANF's revenues that month were $2.405 million.
B) ANF's earnings per share was $1.76.
C) ANF's coupon payment was $17.57 per year.
D) ANF's dividend yield for the year was 65%.
Correct Answer:
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