Question
17) The shares of the Dyer Drilling Co. sell for $50. The firm has a P/E ratio of 10. Thirty percent of earnings is paid
17)
| The shares of the Dyer Drilling Co. sell for $50. The firm has a P/E ratio of 10. Thirty percent of earnings is paid out in dividends. |
| What is the firms dividend yield?(Do not round your intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) |
| Dividend yield | % |
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
