question: Peninsular Research is initiating coverage of a mature manufacturing industry. John Jones, CFA, head of the research department, gathered the following fundamental industry and market data to help in his analysis: <image 1> Compute the price-to-earnings $(\frac{P_0}/E_{1})$ ratio for the industry based on this fundamental data
  Options: A: 30.0, B: Other Answers, C: nan, D: nan