common stock market price, december 31, current year $ 33.00 common stock market price, december 31, 1 year ago 31.00 annual cash dividends per share in current year 0.30 annual cash dividends per share 1 year ago 0.15 for both the current year and one year ago, compute the following ratios: 1. return on equity. 2. dividend yield. 3a. price-earnings ratio on december 31. 3b. assuming simon's competitor has a price-earnings ratio of 7, which company has higher market expectations for future growth?