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What will be the answer of Q#1,3&4 of the above…?
Thanku sir..
Yes, I solve it with this formula 5.21 is the answer..:)
A friend of mine told me to calculate this by using this formula
PE ratio*Dividend cover =1/Dividend yield
It has to be but it is not:)
The market price is not given in the question..
Dividend yield 8%
Dividend cover 2.4
PE ratio?
Answer plz?
