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Simon Inc. has earnings before interest and taxes (BIT) = $19 million, interest expense = $6 million, and has a 40% tax rate. Simon has
Simon Inc. has earnings before interest and taxes (BIT) = $19 million, interest expense = $6 million, and has a 40% tax rate. Simon has 2,000,000 common shares outstanding at a current market price per share = $18.50.
a.What is Simon's EPS?
b.What is Simon's P/E ratio?
c.What is Simon's market capitalization?
d.If Simon pays half of its earnings as dividends: what is the dividend yield?
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