Multiple Choice
Calculate the PER for the following company. It is expected to maintain a payout ratio of 40 per cent of earnings. The appropriate discount rate for this risk class is 10 per cent and the expected growth rate in earnings and dividends is 5 per cent.
A) 2.67
B) 8.0
C) 6.67
D) 5.0
Correct Answer:

Verified
Correct Answer:
Verified
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