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What is the P/E of this equation? A company has no preferred stock outstanding and has 15,000,000 common shares outstanding. The company's Net income is
What is the P/E of this equation?
A company has no preferred stock outstanding and has 15,000,000 common shares outstanding. The company's Net income is $30,000,000 and it pays a total of $7,500,000 in common dividends. Currently the shares trade for $20 per share. For this company, what is: (Round your answer to two decimal places, if necessary) EPS? $ DPS? Dividend yield? Dividend payout rate? Retention rateStep by Step Solution
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