The shares of dyer drilling co sell for 50 the firm has pe, Financial Management

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The shares of dyer drilling co sell for 50 the firm has pe

The shares of the Dyer Drilling Co. sell for $50. The firm has a P/E ratio of 10. Eighty percent of earnings is paid out in dividends.

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

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Financial Management: The shares of dyer drilling co sell for 50 the firm has pe

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Financial Management: The shares of dyer drilling co sell for 50 the firm has pe

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