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The price-earnings ratio of a stock is given byR(PE)=P/Ewhere P is the price of the...

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Calculus

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The price-earnings ratio of a stock is given byR(PE)=P/Ewhere P is the price of the stock and E is the earnings per share. Recently, the price per share of a certain company was $30.28 and the earnings per share were $1.18. Find the price-earnings ratio

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