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Doofern Co. has a price earnings ratio of 10, earnings per share of Php 2.20, and a payout ratio of 75%. Dividend yield would be:
Doofern Co. has a price earnings ratio of 10, earnings per share of Php 2.20, and a payout ratio of 75%. Dividend yield would be:
A. 25.00%
B. 7.50%
C. 22.00%
D. 15.50%
Please provide a comprehensive explanation for your answer.
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