Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The market value of a company's stock is $43.50 a share and its book value is $31.50 a share. The annual dividend payment is $2.75

The market value of a company's stock is $43.50 a share and its book value is $31.50 a share. The annual dividend payment is $2.75 per share and earnings per share are $4.75.The dividend yield is ________ and the dividend payout ratio is ________.

6.32%; 57.8%

None ofthe answers is correct

8.73%; 42.11%

6.32%; 42.11%

8.73%; 57.8%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Business Management Launching and Growing New Ventures

Authors: Justin Longenecker, Leo Donlevy, Terri Champion, William Petty, Leslie Palich, Frank Hoy

6th Canadian edition

176532218, 978-0176532215

More Books

Students also viewed these Finance questions

Question

Describe effectiveness of reading at night?

Answered: 1 week ago

Question

find all matrices A (a) A = 13 (b) A + A = 213

Answered: 1 week ago

Question

Recount the methods of scheduling operations.

Answered: 1 week ago

Question

Discuss the role of quality in operations management.

Answered: 1 week ago