Who can answer this question for me correctly in the next 15 minutes? If it is not possible in the next 15-20 minutes, please leave it for another expert, thanks!
A company's stock is selling for $108.30 per share at year-end. This current year it paid shareholders a $8.30 per share cash dividend, reported earnings per share of $11.00, and had 750,000 common shares outstanding at year-end. Calculate the company's dividend yield.