Business, 17.03.2020 01:28, firepropr85

The common stock of Securetech Corporation consistently sells at a market price of 20 times earnings, i. e., at a p/e ratio of 20. What would be the most likely effect of a 10 cent increase in Securetech's basic EPS

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The common stock of Securetech Corporation consistently sells at a market price of 20 times earnings...