Solved: What is the yield to the nearest hundredth, Financial Accounting

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What is the yield to the nearest hundredth

Response to the following problem:

Chris Luna is researching the DuPont Corporation. The following is the current stock listing: Price is $48.75, and the 52 week range $39-$49. Average earnings per share is $3.20 and the dividend is $1.47

(a) What is the P/E ratio to the nearest whole number?

(b) What is the yield to the nearest hundredth?

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Financial Accounting: What is the yield to the nearest hundredth

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Financial Accounting: What is the yield to the nearest hundredth

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