Question
The stock of Pills Berry Company is currently selling at $85 per share. The firm pays a dividend of $3.25 per share. a. What is
The stock of Pills Berry Company is currently selling at $85 per share. The firm pays a dividend of $3.25 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 40 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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Canadian Multinationals And International Finance
Authors: Gregory P. Marchildon, Duncan McDowall
1st Edition
0714634816, 978-0714634814
