Clair, Inc., earned ($ 4.50) per share of common stock in the current year and paid dividends
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Clair, Inc., earned \(\$ 4.50\) per share of common stock in the current year and paid dividends of \(\$ 2.34\) per share. The most recent market price per share of the common stock is \(\$ 46.80\). What is the company's
(a) price-earnings ratio,
(b) dividend yield, and
(c) dividend payout ratio?
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