P6.8 East Coast Utilities is currently trading at $28 per share. The company pays a quarterly dividend

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P6.8 East Coast Utilities is currently trading at $28 per share. The company pays a quarterly dividend of $0.28 per share. What is the dividend yield?

P6.9 West Coast Utilities had a net profit of $900 million. It has 900 million shares outstanding and paid annual dividends of $0.90 per share. What is the dividend payout ratio?

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