n NISM Certifications
XV NISM Series XV
Medium

A company has a share with a face value of Rs. 5 and has declared a 20% dividend. The dividend payout ratio is 60%, and the current market price of the share is Rs. 90. Calculate the earning yield.

Practice question from NISM XV Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    2.66%

  2. 1.84%

    Correct answer

  3. C

    1.09%

  4. D

    2.19%

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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