# Suppose the common stock of the firm described in the previous question sells for 16 times EPS in the prior twelve months (i.e. price to earnings ratio is 16). What is the firm's price per share of common stock?

**Suppose the common stock of the firm described in the previous question sells for 16 times EPS in the prior twelve months (i.e. price to earnings ratio is 16). What is the firm’s price per share of common stock?**

5. Suppose the common stock of the firm described in the previous question sells for 16 times EPS in the prior twelve months (i.e. price to earnings ratio is 16). What is the firm’s price per share of common stock?A)S16 B) $20 C) $24 D) S32 E) S40

**Suppose the common stock of the firm described in the previous question sells for 16 times EPS in the prior twelve months (i.e. price to earnings ratio is 16). What is the firm’s price per share of common stock?**

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Order Paper Now*Suppose the common stock of the firm described in the previous question sells for 16 times EPS in the prior twelve months (i.e. price to earnings ratio is 16). What is the firm’s price per share of common stock?*