Sally is looking to invest in agricon products when its p/e ratio is lower than 15. each share is currently projected to earn $1.30 this year. which of the stock prices listed below would give the p/e ratio she is looking for?

i. $18 a share
ii. $19 a share
iii. $20 a share

The right answer for the question that is being asked and shown above is that: "III. $20 a share ." Sally is looking to invest in Agricon Products when its P/E ratio is lower than 15. Each share is currently projected to earn $1.30 this year. The stock prices listed below would give the P/E ratio she is looking for is that III. $20 a share 

It’s either a or c as the answer.