Maneesh 30 April 2020 at 16:01 PM

Information concerning Samer's common stock is presented below for the fiscal year ended May 31, 2005.
Common shares outstanding: 750,000
Market price per share: $45.00
Stated value per share: $15.00
Year 1 dividends paid per share: $4.50
Year 2 dividends paid per share: $7.50
Diluted earnings per share: $9.00
Basic earning per share: $11.25
The price-earnings ratio for Samer's common stock is
A) 5
B)6
C)3
D)4