A biotechnology company's stock is currently selling for $46.35 per share. The earnings per share are $2.14, and the dividend is $1.60. (a) What is the current yield of the stock (as a %)? (Round your answer to the nearest tenth of a percent.) % (b) What is the price-earnings ratio? (Round your answer to the nearest whole number.) 22
A biotechnology company's stock is currently selling for $46.35 per share. The earnings per share are $2.14, and the dividend is $1.60. (a) What is the current yield of the stock (as a %)? (Round your answer to the nearest tenth of a percent.) % (b) What is the price-earnings ratio? (Round your answer to the nearest whole number.) 22
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 40A: A manufacturing company receives $122,000 upon the completion of a job. Total expenses for the job...
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Question
A biotechnology company's stock is currently selling for $46.35 per share. The earnings per share are $2.14, and the dividend is $1.60.
(a)
What is the current yield of the stock (as a %)? (Round your answer to the nearest tenth of a percent.)
%
(b)
What is the price-earnings ratio? (Round your answer to the nearest whole number.)
22
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