$39.)$

Koehn Plumbing Supply, Incorporated has one million shares of common stock outstanding at a price per share of $$62\mathrm{.}50.$ The company earned $$6$ million after taxes. The annual dividend is $$2\mathrm{.}50$ per share. The company has assets of $$250,000,000$ and liabilities of $$50,000,000.$ What is the dividend yield?

Multiple Choice

$1\%$

$4\%$

$3\%$

$2\%$

$5\%$