Chapter 12 Financial Planning Exercise 7 Calculating key stock performance metrics The Morton Company recently reported net profits after taxes of $13.1 million. It has 1.5 million shares of common stock outstanding and pays preferred dividends of $2 million a year. The company's stock currently trades at $169 per share. a. Compute the stock's eamings per share (EPS), Round the answer to two decimal places. per share b. What's the stock's P/E ratio? Round the answer to two decimal places. times c. Determine what the stock's dividend yield would be if it paid $5.07 per share to common stockholders. Round the answer to two decimal places