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Find what is the annual dividend yield

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Reference no: EM132512024

The stock of Pills Berry Company is currently selling at $70 per share. The firm pays a dividend of $2.60 per share.

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

Question b. If the firm has a payout rate of 40 percent, what is the firm's P/E ratio? (Do not round intermediate calculations and round your answer to 2 decimal places.)

Reference no: EM132512024

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