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The Longmire Company recently reported net profits after taxes of $35.8 million. It has 3 1 million shares of common stock outstanding and pays preferred

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The Longmire Company recently reported net profits after taxes of $35.8 million. It has 3 1 million shares of common stock outstanding and pays preferred dividends of $2 1 million per year a. Compute the firm's earnings per share (EPS) b. Assuming that the stock currently trades at $65 19 per share, determine what the firm's dividend yield would be if it paid $3 12 per share to common stockholders c. What would the firm's dividend payout ratio belf it paid $3 12 per share in dividends

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