D Ltd. has the following details: Return on equity: 10% Expected earnings per share: ₹10 Pay-out ratio: 30% Required rate of return: 5% per annum Price of share of D Ltd. is ............
CS Executive · Corporate and Management Accounting · PYQS · December 2021
D Ltd. has the following details: Return on equity: 10% Expected earnings per share: ₹10 Pay-out ratio: 30% Required rate of return: 5% per annum Price of share of D Ltd. is ............
Answer & Explanation:
The official key records '*'. This question is excluded from automatic grading because the source does not supply an unambiguous valid choice. Official source note: None of the option is correct. Correct Answer is ₹ 46.15.
Topics: Financial Management
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