Question
The shares of the Dyer Drilling Co. sell for $50. The firm has a P/E ratio of 10. Thirty percent of earnings is paid out
The shares of the Dyer Drilling Co. sell for $50. The firm has a P/E ratio of 10. Thirty 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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Bakers Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Thomas K. Ross
6th Edition
1284233162, 978-1284233162
