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Bay city mining, inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, and a dividend yield of 2 percent.
it has a price-earnings ratio of:
a. 50, which is high by historical standards.
b. 50, which is low by historical standards.
c. 25, which is high by historical standards.
d. 25, which is low by historical standards.
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Bay city mining, inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnin...
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