What are the three types of inherent value money can have
1 answer:
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Answer:
Price of share = $40.50
Explanation:
P/E ratio describes the price to earnings ratio.
Provided if P/E ratio = 13.5
And Earnings per share = $3 per share.
That means,
Price = 13.5 3 = $40.5
Therefore, it is not dependent on dividend payout ratio, and the price = $40.50