Question: Denise has a choice between two stocks. Stock A has a current stock price of $33.65 and earnings per share of $2.29. Stock B has
Denise has a choice between two stocks. Stock A has a current stock price of $33.65 and earnings per share of $2.29. Stock B has a current stock price of $30.65 and earnings per share of $2.92. Both stocks are in the same industry, and the average P/E ratio for the industry is 13. Using the P/E ratio, which stock is the better choice? O A. The better choice is not evident from the given information. B. Stock B is a better choice because it has a lower P/E ratio. OC. Stock A is a better choice because it has a higher P/E ratio. D. The two stocks are equivalent
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