000 SHARES OUTSTANDING 1,000,000 PREFERRED STOCK DIVIDEND PAID 60...

10,000 shares outstanding

1,000,000

Preferred stock dividend paid

60,000

Common stock dividend paid

700,000

Earnings per common share

3

Market price per common share

18

Dyle’s yield on common stock is

a.

11.11%.

b.

16.66%.

c.

16.88%.

d.

20.00%.