Question
The stock of Pills Berry Company is currently selling at $85 per share. The firm pays a dividend of $2.90 per share. a. What is
The stock of Pills Berry Company is currently selling at $85 per share. The firm pays a dividend of $2.90 per share.
a. What is the annual dividend yield? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
Dividend yield?
b. If the firm has a payout rate of 60 percent, what is the firms P/E ratio? (Do not round intermediate calculations and round your answer to 2 decimal places.)
P/E ratio?
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Mergers, Acquisitions and Other Restructuring Activities
Authors: Donald DePamphilis
8th edition
9780128024539, 128013907, 978-0128013908
