Personal Finance
13th Edition
ISBN: 9781337669214
Author: GARMAN
Publisher: Cengage
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Question
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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