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XDF CorpHad a Price-Earnings Ratio of 15,paid a Dividend of $1,and

Question 174

Multiple Choice

XDF Corp.had a price-earnings ratio of 15,paid a dividend of $1,and retained earnings of $2 a share.What was the price of a share of XDF stock?


A) $15
B) $30
C) $45
D) None of the above is correct.

Correct Answer:

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