Question
The stock of Pills Berry Company is currently selling at $80 per share. The firm pays a dividend of $2.45 per share. a. What is
| The stock of Pills Berry Company is currently selling at $80 per share. The firm pays a dividend of $2.45 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 70 percent, what is the firms P/E ratio? (Do not round intermediate calculations and round your answer to 2 decimal places.) |
| P/E ratio | times |
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Finance Capital Markets Financial Management And Investment Management
Authors: Frank J. Fabozzi, Pamela Peterson Drake
1st Edition
0470407352, 978-0470407356
