Answered

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At the moment, SHSU Corp. Stock is trading at $28.95 per share.
The four TRAILING quarters for SHSU Corp. Showed EPS of $0.65, $0.78, $0.63, and $0.50.
The four FORWARD quarters for SHSU Corp. Are expected to show EPS of $0.69, $0.86, $0.69, and $0.56.
Calculate the trailing price-to-earnings ratio (TRAILING PE).
a. 8.63
b. 9.44
c. 10.68
d. 11.05
e. 11.31

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