Chevron earned $3.95 per share in 2018. Today the stock is trading at $42.50. The...

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Accounting

Chevron earned $3.95 per share in 2018. Today the stock is trading at $42.50. The company pays an annual dividend of $2.10 per share.

Calculate:

  1. The PE ratio.
  2. Yield on stock to nearest tenth percent.

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