if a firm's price-to-earnings (P/E) ratio is 2 and its stock just fell in market value from

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if a firm's price-to-earnings (P/E) ratio is 2 and its stock just fell in market value from $40 to $30.Assuming no change in earnings, what would its new P/E ratio be bound to be?

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Dec 03, 2023 10:48 AM

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if a firm's price-to-earnings (P/E) ratio is 2 and its stock just fell in market value from

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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