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The stock of Pills Berry Company is currently selling at $95 per share. The firm pays a dividend of $3.10 per share. a. What is

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The stock of Pills Berry Company is currently selling at $95 per share. The firm pays a dividend of $3.10 per share. a. What is the annual dividend yield? Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places. b. If the firm has a payout rate of 50 percent, what is the firm's P/E ratio? Note: Do not round intermediate calculations and round your answer to 2 decimal places

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