If the industry P/E ratio normally varies from 15 to 20,which of the following prices is most appropriate for a company that has an EPS equal to $3?
A) $57.60
B) $40.00
C) $188.20
D) $43.20
E) Not enough information is given to answer this question.

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The Answer of If the industry P/E ratio normally varies from 15 to 20,which of the following prices is most appropriate for a company that has an EPS equal to $3?
A) $57.60
B) $40.00
C) $188.20
D) $43.20
E) Not enough information is given to answer this question.

If the Industry P/E Ratio Normally Varies from 15 to 20,which