Question: Problem 2 A Wall Street Journal quotation for a company has the following values: Div: $1.12,r PE: 18.3, Close: $31.22. Calculate the approximate dividend payout

Problem 2 A Wall Street Journal quotation for a company has the following values: Div: $1.12,r PE: 18.3, Close: $31.22. Calculate the approximate dividend payout ratio for the company. A. 13% B. 35% C. 45% D. 55%

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