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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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
10th edition
133052311, 978-0133052312
