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The shares of the Dyer Drilling Co. sell for $60. The firm has a P/E ratio of 20. Forty percent of earnings is paid out
The shares of the Dyer Drilling Co. sell for $60. The firm has a P/E ratio of 20. Forty percent of earnings is paid out in dividends.
What is the firm's dividend yield?
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Principles Of Corporate Finance
Authors: Lawrence J. Gitman, Sean M. Hennessey
2nd Canadian Edition
0321452933, 978-0321452931
