In 2011, Rainbow Corporation earned $8.80 per share and paid a dividend of $4.00 per share. At year.

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In 2011, Rainbow Corporation earned $8.80 per share and paid a dividend of $4.00 per share. At year end, the price of its stock was $132 per share. Calculate the dividends yield and the price/earnings ratio.

In 2011 Rainbow Corporation earned 8 80 per share and paid

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