If the earnings per share of a company is 3.85
Asked by wiki @ in Business viewed by 1279 People
If the earnings per share of a company is $3.85 and the earnings yield is 2.5%, what is the price per sharE
Answered by wiki @
Answer:
$154
Explanation:
Earnings yield = earnings / price
earnings yield = 0.025
eps = $3.85
0.025 = $3.85 / price
Price = $154
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