If the stock price is $20, earnings per share is $1, and the earnings growth rate is 5%, then the PEG ratio is four
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: PEG = (Price / EPS) / (Earnings growth rate × 100) = ($20 / $1) / (0.05 × 100) = 4.
Business
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a. true b. false
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