Question
Additional information about the company follows.Common stock market price, December 31, Current Year: $ 29.00Common stock market price, December 31, 1 Year Ago: 27.00Annual cash
Additional information about the company follows.Common stock market price, December 31, Current Year: $ 29.00Common stock market price, December 31, 1 Year Ago: 27.00Annual cash dividends per share in Current Year: 0.28Annual cash dividends per share 1 Year Ago: 0.14For both the current year and one year ago, compute the following ratios:1. Return on common stockholders' equity.2. Dividend yield.3a. Price-earnings ratio on December 31.3b. Assuming Simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for future growth?
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