Question
The stock of Pills Berry Company is currently selling at $70 per share. The firm pays a dividend of $2.80 per share. a. What is
The stock of Pills Berry Company is currently selling at $70 per share. The firm pays a dividend of $2.80 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.)
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.)
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
