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10. The stock of Pills Berry Company is currently selling at $60 per share. The firm pays a dividend of $1.80 per share. a .

10. The stock of Pills Berry Company is currently selling at $60 per share. The firm pays a dividend of $1.80 per share.

a. What is the annual dividend yield?

b. If the firm has a payout rate of 50 percent, what is the firm

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