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Rudy's Stock Is Currently Valued at $28

question 44

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Rudy's stock is currently valued at $28.40 a share.The firm had earnings per share of $1.86 last year and projects earnings of $2.09 a share for next year.What is the trailing twelve month price-earnings ratio?


Definitions:

Longest Side

The longest side refers to the side of a geometric figure that has the greatest length compared to the other sides.

Trigonometric Function

A mathematical function related to the angles of triangles, often used in science and engineering to describe oscillations, waves, and other periodic phenomena.

Right Angle

An angle of 90 degrees, typical of the corner of a square or at the intersection of perpendicular lines.

Vectors

Quantities that have both magnitude and direction, used to represent physical properties such as force or velocity.

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