The stock of North American Dandruff Company is selling at $80 per share. The firm pays...
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The stock of North American Dandruff Company is selling at $80 per share. The firm pays a dividend of $2.50 per share. (a) What is the dividend yield? (Round your answer to 3 decimal places. Omit the "%" sign in your response.) Dividend yield (b) If the firm has a payout rate of 50 percent, what is the firm's P/E ratio? (Enter numeric value only.) P/E ratio The stock of North American Dandruff Company is selling at $80 per share. The firm pays a dividend of $2.50 per share. (a) What is the dividend yield? (Round your answer to 3 decimal places. Omit the "%" sign in your response.) Dividend yield (b) If the firm has a payout rate of 50 percent, what is the firm's P/E ratio? (Enter numeric value only.) P/E ratio
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Managerial Economics and Business Strategy
ISBN: 978-0071267441
7th Edition
Authors: Michael R. baye
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