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thank you eBook Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics The Alliance Company recently reported net profits after taxes of $18.2
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eBook Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics The Alliance Company recently reported net profits after taxes of $18.2 million. It has 2 million shares of common stock outstanding and pays preferred dividends of $1 million a year. The company's stock currently trades at $172 per share. a. Compute the stock's EPS. Round the answer to the nearest cent. per share b. What's the stock's P/E ratio? Round the answer to two decimal places. times c. Determine what the stock's dividend yield would be if it paid $4.82 per share to common stockholders. Round the answer to two decimal places Step by Step Solution
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