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lyudmila [28]
2 years ago
15

Suppose the earnings per share of a stock is $2 and the current price/earnings (p/e) ratio is 10. what is the current price of t

he stock? group of answer choices
Business
1 answer:
Brums [2.3K]2 years ago
3 0

The current price of the stock = $20

<h3>What is  stock?</h3>

The division of ownership of a corporation or company into shares is known as stock. Depending on the total number of shares, one share of stock represents a fractional ownership interest in the company.

<h3>What is mathematical operation?</h3>

An operation is a function in mathematics that converts zero or more input values, also known as operands, into a clearly defined output value. The operation's complexity is determined by the number of operands, sometimes referred to as arguments.

<h3>According to the given information:</h3>

The earnings per share of a stock is  = $2

the current price/earnings (p/e) ratio is =  10

the current price of the stock = P/E

                                             10 = P/2

                                               P = 10*2

                                                P = 20

The current price of the stock = $20

To know more about mathematical operation visit:

brainly.com/question/12809457

#SPJ4

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