Garret Industries has a price/earnings ratio of 16.29X. a. If Garret's earnings per share are $1.35, what
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a. If Garret's earnings per share are $1.35, what is the price per share of Garret's stock?
b. Using the price per share you found in part (a), determine the price/book ratio if Garret's equity-book value per share is $9.58.
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Related Book For 
Foundations Of Finance
ISBN: 9780134083285
9th Edition
Authors: Arthur J. Keown, John H. Martin, J. William Petty
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