The shares of the dyer drilling co sell for 60 the firm has, Ask an Expert

Finance

The shares of the Dyer Drilling Co. sell for $60. The firm has a P/E ratio of 15. Twenty percent of earnings is paid out in dividends.

What is the firm's dividend yield? (Do not round your intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92822323

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