Problem 8-14 P/E Ratio and Stock Price (LG8-7) JP Morgan Chase Co. (JPM) has earnings per
share of $3.37 and a P/E ratio of 11.52 . What is the price of the stock? (Round your answer to 2
decimal places.).
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Problem 8-14 PE Ratio and Stock Price (LG8-7) JP M.pdf
1. Problem 8-14 P/E Ratio and Stock Price (LG8-7) JP Morgan Chase Co. (JPM) has earnings per
share of $3.37 and a P/E ratio of 11.52 . What is the price of the stock? (Round your answer to 2
decimal places.)