Multiple Choice
Success Ltd has a price-earnings ratio of 5 and earnings per share of 22 cents. Its issued capital consists of 2,000,000 $1 ordinary shares. The market price per share is:
A) $1.10.
B) $1.00.
C) $4.40.
D) none of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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