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19:- The dividend pay-out ratio of a firm is 40%. The firm follows traditional approach to dividend policy with a multiplier of 6. The P/E

19:- The dividend pay-out ratio of a firm is 40%. The firm follows traditional approach to dividend policy with a multiplier of 6. The P/E ratio of the firm is: a) 5.4 b) 6.2 c) 4.4 d) 3.4

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