Maimalari Ltd had
(i) Earning per share 47k
(ii) Dividend per share 30k
(iii) Par value of each share N1.20
(iv) Market price per share N1.50
A. 20.00%
B. 25.00%
C. 31.33%
D. 39.17%
Correct Answer:
Option C – 31.33%
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