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Question: Calculating key stock performance metrics The Morton Company recently reported net profits after taxes of $16.4 million. It has 2.5 million shares of common stock outstanding and pays preferred dividends of $2 million a year. The company's stock currently trades at $73 per share.

a. Compute the stock's earnings per share (EPS). Round the answer to two decimal places. $____________shares

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 $2.92 per share to common stockholders.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92790745

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