The Stock Listing for a Company Shows a P/E of 18

question 105

Multiple Choice

The stock listing for a company shows a P/E of 18, a dividend yield of 2.4% and a closing price of $23.76.What is the amount of dividends per share?

• A)$0.03
• B)$0.57
• C)$1.03
• D)$1.32

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Definitions:

Bystander Effect

A social psychology phenomenon where individuals are less likely to offer help to a victim when other people are present, often due to diffused responsibility.

Greyhound Bus

A popular interstate and long-distance bus service in the United States, known for connecting cities across the country.

Moderately Crowded

A situation described by an intermediate level of density or population in a given space, which might affect individual's behavior and perception differently.

Reciprocity Norm

A social norm that expects individuals to respond to others with similar kinds of behaviors they have received, contributing to the maintenance of social exchange.