Wolverwine Company's current stock price is $55 per share and the company's trailing earnings per share were $2.10 . Given that analysts are forecasting growth of 12% for Wolverwine, what is the company's PEG ratio?
a. 21.2
b. 2.18
c. 2.97
d. 1.52
B
($55/$2.10)/(.12*100)=2.18
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