Multiple Choice Questions

The dividend cover ratio is 2·5 times and the gross dividend yield is 2% (Ignore taxation). What is the price/earnings ratio of the company? A 2·8 times. B 5·0 times. C 20·0 times. D 40·0 times 14. Oxon Co has ordinary shares in issue with a nominal value of $1·00. The dividend payout ratio is 20% and the gross dividend yield is 4%. ................
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