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ematay ematay
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3 years ago
Today is January 1 and shares of Lazy Lightning Power Corp. are trading at a price of $88. In its most recent Management Discussion and Analysis (MD&A) Lazy's management forecast earnings-per-share of $7.5 for the year-end on Dec 31. If Lazy maintains its 17.62% payout ratio, then what is the dividend yield (based on forecasted earnings)?

▸ 0.88%

▸ 1.32%

▸ 1.51%

▸ 1.76%

▸ 2.62%
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
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giginicolagiginicola
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3 years ago
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ematay Author
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3 years ago
Just got PERFECT on my quiz
dianeflunder
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You make an excellent tutor!
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2 hours ago
Smart ... Thanks!
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