What payout ratio will be

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Problem 1: Choc-lattes Corp. earned $5.00 per share in 2006, and paid a dividend of $2.00 per share. If it earns $5.50 in 2007 and maintains its $2.00 dividend, its payout ratio will be?

Problem 2: Choc-lattes Corp. earned $5.00 per share in 2006, and paid a dividend of $2.00 per share. If it earns $5.50 in 2007 and follows a constant nominal payout policy, its dividend will be ?

Reference no: EM132901197

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