The stock of North American Danduff Company is selling at $80 per share. The firm pays a divdend of $2.50 per share. a) What is the dividend yield? b) If the firm has a payout rate of 50% , what is the firm's P/E ratio?
The stock of North American Danduff Company is selling at $80 per share. The firm pays a divdend of $2.50 per share. a) What is the dividend yield? b) If the firm has a payout rate of 50% , what is the firm's P/E ratio?
Chapter9: The Cost Of Capital
Section: Chapter Questions
Problem 5P
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The stock of North American Danduff Company is selling at $80 per share. The firm pays a divdend of $2.50 per share.
a) What is the dividend yield?
b) If the firm has a payout rate of 50% , what is the firm's P/E ratio?
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