The stock of the Pills Berry Corporation is currently selling at $60.00 per share. The...

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Accounting

The stock of the Pills Berry Corporation is currently selling at $60.00 per share. The firm pays a dividend of $1.80 per share.
a. What is the annual dividend yield?
Annual dividend
%
b. If the firm has a payout rate of 50 percent, what is the firms P/E ratio? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)
P/E ratio

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