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Question 3: Elm Limited The financial pages of a well-known publication reveal the following information about Elm Limited: Share Price Dividend per share Dividend cover

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Question 3: Elm Limited The financial pages of a well-known publication reveal the following information about Elm Limited: Share Price Dividend per share Dividend cover 2.50 0.07 4 times What is the P/E ratio of Elm Limited? (2 marks)

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