Question: Chapter 12 Financial Planning Exercise 4 Calculating key stock performance metrics The Castle Company recently reported net profits after taxes of $12.5 million. It has
Chapter 12 Financial Planning Exercise 4 Calculating key stock performance metrics The Castle Company recently reported net profits after taxes of $12.5 million. It has 3 million shares of common stock outstanding and pays preferred dividends or 1 milliona year. The company's stock currently trades at $43 per share, Compute the stock's earnings per share (EPS) Round the answer to two decimal places. per share b. What's the stock's P/erate Hound the answer to two decimal places times c. Determine what the stock's dividend yield would be if it paid $1.38 per share to common stockholders. Round the answer to two decimal places
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