13-15 Compute Dividend Yield for each company listed below: Company Dividend Yield Annual Cash Dividend Per Share $0.48 $3.96 Market Value Per Share $120.00 $15200 $82.00 $80.00 $13.86 $16.06 13-16 This years dividend on preferred stock has been paid. Determine the book value per share of common stock under two assumptions. 1. No preferred dividends are in arrears. 2. Four years of preferred dividends are in arrears. $250,000 Preferred stock 4% $25 PV 10,000 Iss & Out Common stock $8 pv 100,000 Iss & Out Retained earnings Total S/E $800,000 $535,000 $1,585,000