A company can use public relations internally as well as externally

A company produced $300 million in earnings. If it has 50 million shares outstanding and is trading with a P-e ratio of 12.5, its price-per-share is:

a) 72.5 b) 75 c) 60 d) 62.5

An acceleration clause is inserted in a note that is otherwise negotiable. The addition of this clause:

A: Causes the note to lose its negotiability; B: Is required for negotiability; C: Does not reduce the negotiability of the note; D: Has no effect on negotiability, but is of no benefit.