Consider the following Year 1 information for Terrier Treats (T) Revenues $10,000 Total expenses including taxes $6,500 Total shares outstanding 100 Stock Price at the end of Year 1 $57.00 If Ts cost of equity is 17% and the current stock price is $50, what is the dividend payout ratio (express as a % rounded to 1 digit after the decimal: x.x%)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Question 20
FLAG QUESTION
Consider the following Year 1 information for Terrier Treats (T)
12
13
Revenues
$10,000
14
Total expenses including taxes
$6,500
15
Total shares outstanding
100
16
Stock Price at the end of Year 1
$57.00
If T"s cost of equity is 17% and the current stock price is $50, what is the dividend payout ratio (1
(express as a %
rounded to 1 digit after the decimal: x.x%)
Answers 1 - 1
1.
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Transcribed Image Text:Question 20 FLAG QUESTION Consider the following Year 1 information for Terrier Treats (T) 12 13 Revenues $10,000 14 Total expenses including taxes $6,500 15 Total shares outstanding 100 16 Stock Price at the end of Year 1 $57.00 If T"s cost of equity is 17% and the current stock price is $50, what is the dividend payout ratio (1 (express as a % rounded to 1 digit after the decimal: x.x%) Answers 1 - 1 1. Previous Finish ESTIONS VERSION 2M.6.4 MacBook Pro
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