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Acme Widget, Inc. has one million shares of common stock outstanding at a price per share of $62.50. The company earned $6 million after taxes.

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Acme Widget, Inc. has one million shares of common stock outstanding at a price per share of $62.50. The company earned $6 million after taxes. The annual dividend is $2.50 per share. The company has assets of $250,000,000 and liabilities of $50,000,000. What is the dividend yield? O 1 percent O 2 percent O 3 percent O 4 percent O 5 percent

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