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| Kevlin, Inc., has 250,000 shares of $10 par value common stock outstanding. For the current year, Kevlin paid a cash dividend of $50 per share and had earnings per share of $4.8 The market price of Kevlin’s stock is $34 per share. Kevlin’s price-earnings ratio is A. 2.08 B. 2.86 C. 7.08 D. 9.71 |