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The shares of the Dyer Drilling Co. sell for $40. The firm has a P/E ratio of 20. Sixty percent of earnings is paid out
The shares of the Dyer Drilling Co. sell for $40. The firm has a P/E ratio of 20. Sixty percent of earnings is paid out in dividends.
What is the firm's dividend yield?
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
