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) Yield Cos dividend policy is that they pay out all of their earnings as dividends. Their recent annual dividends have all been $5.25. If
) Yield Cos dividend policy is that they pay out all of their earnings as dividends. Their recent annual dividends have all been $5.25. If your required rate of return is 9% and assuming the share is fairly priced, calculate:
a) their current share price b) their current price to earnings ratio (PE Ratio)
c) Given the above, would you say that this company would be considered a growth company? (briefly explain)
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