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The MedTech Company recently reported net profits after taxes of $16.2 million. It has 2.2 million shares of common stock outstanding and pays preferred dividends

The MedTech Company recently reported net profits after taxes of

$16.2 million. It has 2.2 million shares of common stock outstanding and pays preferred dividends of $1.4 million per year.

a. Compute the firm's earnings per share (EPS). (round to nearest cent)

b. Assuming that the stock currently trades at $64.47 per share, determine what the firm's dividend yield would be if it paid $1.97 per share to common stockholders.

c. What would the firm's dividend payout ratio be if it paid $1.97 per share in dividends?

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