Question
The shares of the Dyer Drilling Co. sell for $60. The firm has a P/E ratio of 20. Fifty 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. Fifty 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.)
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Healthcare Finance An Introduction To Accounting And Financial Management
Authors: Louis C. Gapenski
2nd Edition
1567931650, 978-1567931655
