13-15 Compute Dividend Yield for each company listed below: Company Annual Cash Dividend Per Share Market Value Per Share Dividend Yield $0.48 $120.00 $3.96 $15200 $13.86 $82.00 $16.06 $80.00 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. Preferred stock 4% $25 PV 10,000 Iss & Out $250,000 Common stock $8 pv 100,000 Iss & Out $800,000 Retained earnings $535,000 Total S/E $1,585,000