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Options
-
2.2x
Correct answer
- B
3.4x
- C
1.6x
- D
3x
Why this is the answer
Book Value of Equity = Assets − Liabilities = 8,000 − 3,000 = 5,000 crores. P/B Ratio = Market Cap ÷ Book Value of Equity = 11,000 ÷ 5,000 = 2.2x.
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