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Ixus plc has a dividend payout ratio of 40 per cent and a gross dividend yield of 2 per cent. The earnings per share of

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Ixus plc has a dividend payout ratio of 40 per cent and a gross dividend yield of 2 per cent. The earnings per share of the company is 0.45. The nominal value of ordinary shares issued is 0.50 What is the price/earnings ratio of Ixus plc? O A. 25 times OB. 20 times OC. 5 times OD 2.8 times Time Remaining: 00:22:54 Submit quiz

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