Calculating key stock performance metrics. The Morton Company recently reported net

profits after taxes of $$15\mathrm{.}8$ million. It has $2\mathrm{.}5$ million shares of common stock outstanding

and pays preferred dividends of $$1$ million a year. The company's stock currently trades at

$$60$ per share.

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Compute the stock's EPS.

What is the stock's P$/$E ratio?

Determine what the stock's dividend yield would be if it paid $$1\mathrm{.}75$ per share to common

stockholders.