Waec Model Questions Vol1 2025 Commerce Question 19
Practice objective / multiple choice question 19 from the 2025 Waec Model Questions Vol1 Commerce examination.
A company's shares pay an annual dividend of ₦2.50 per share. A 10% withholding tax is deducted at source. An investor wants a net dividend yield of at least 5% and also wants the price‑earnings (P/E) ratio to be no more than 12. The company's earnings per share (EPS) for the last year were ₦5.20. What is the maximum price per share the investor should be willing to pay?
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This is Waec Model Questions Vol1 2025 Commerce Question 19. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.
Difficulty level: Hard .
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