Short Answer
The Ranger Co. earns $4.50 per share. Today, the stock is trading at 42 1/2. The company pays an annual dividend of $.85. Can you calculate (A)the price-earnings ratio (round to whole number)and (B)the yield on the stock?
Correct Answer:
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A. 42.50% × $1,000 ...View Answer
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Correct Answer:
Verified
A. 42.50% × $1,000 ...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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