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06-06-2023
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A stock quote shows a P/E of 18. How is the ratio defined?
Multiple choice question.
A. Average price for the last 52-week period/Last four quarters of earnings
B. Current stock price/Estimated annual earnings for the next 12 months
C. Average price for the last 52-week period/Estimated annual earnings for the next 12 months
D. Current stock price/Last four quarters of earnings

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