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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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
