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Problem 18-11 Dividend yield [LO1] The shares of the Dyer Drilling Co. sell for $125. The firm has a P/E ratio of 25. Thirty percent

Problem 18-11 Dividend yield [LO1]

The shares of the Dyer Drilling Co. sell for $125. The firm has a P/E ratio of 25. Thirty percent of earnings is paid out in dividends.

What is the firm

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