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ACCOUNTING

JAMB 2000 - Question 33

Account 2000 JAMB Past Questions - Question 33: Maimalari Ltd had I. Earnings per share 47k, II. Dividend per share 30k, III. Par value of each share N1.20, IV. Market price per share N1.50 The company's earnings yield is

use the information below to answer the questions 33 and 34

Maimalari Ltd had I. Earnings per share 47k, II. Dividend per share 30k, III. Par value of each share N1.20, IV. Market price per share N1.50
The company's earnings yield is

A: 20.00%

B: 25.00%

C: 31.33%

D: 39.17%

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ACCOUNTING

Account 2000 JAMB Past Questions - Question 33: Maimalari Ltd had I. Earnings per share 47k, II. Dividend per share 30k, III. Par value of each share N1.20, IV. Market price per share N1.50 The company's earnings yield is

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Correct Answer

Explanation