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A company reports basic earnings per share of $ 5 . 4 0 , cash dividends per share of $ 2 . 2 0 ,

A company reports basic earnings per share of $5.40, cash dividends per share of $2.20, and a market price per share of $65.70. The company's dividend yield equals:
Multiple Choice
3.35%
3.21%.
8.07%.
3.11%.
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