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Please answer both part 1 and part 2, Thank you! Use the information in the table below to answer the questions that follow. Selected Financial
Please answer both part 1 and part 2, Thank you!
Use the information in the table below to answer the questions that follow. Selected Financial Information Tegridy Farms Inc. Year 1 Year 2 Net Income 1,375 1,696 Shares Outstanding (millions) 190 Dividend per Share 1.45 Price $89.41 PART 1: What is Tegridy's dividend payout rate in Year 1? 22% O 21% 20% O 23% PART 2: What is Tegridy's dividend yield in Year 1 (based on its Year 2 dividend and assuming Tegridy maintains its payout rate)Step by Step Solution
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