Question
The shares of the Dyer Drilling Co. sell for $120. The firm has a P/E ratio of 30. Forty percent of earnings is paid out
| The shares of the Dyer Drilling Co. sell for $120. The firm has a P/E ratio of 30. Forty percent of earnings is paid out in dividends. |
| What is the firms dividend yield? (Do not round your intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) |
| Dividend yield | % |
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Comparative Public Budgeting
Authors: George M Guess
2nd Edition
1316648109, 978-1316648100
