If a firm has a P/E of 7, and its current price on the stock exchange is R2.10, what is the earnings yield of a single share? A) 333.33% B) 14.29% C) 100% D) 700%
If a firm has a P/E of 7, and its current price on the stock exchange is R2.10, what is the earnings yield of a single share? A) 333.33% B) 14.29% C) 100% D) 700%
Chapter14: Investing In Stocks And Bonds
Section: Chapter Questions
Problem 1DTM
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What is the earnings yield of a single share on these financial accounting question?

Transcribed Image Text:If a firm has a P/E of 7, and its current price on the stock exchange is R2.10,
what is the earnings yield of a single share?
A) 333.33%
B) 14.29%
C) 100%
D) 700%
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