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Homework: HW7 - Chapter 7 Homework Score: 0 of 12 pts 4 of 10 (0 complete) P 7-9 (similar to) Ovit, Inc. has preferred stock

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Homework: HW7 - Chapter 7 Homework Score: 0 of 12 pts 4 of 10 (0 complete) P 7-9 (similar to) Ovit, Inc. has preferred stock with a price of $20.11 and a dividend of $1.44 per year. What is its dividend yield? The dividend yield is %. (Round to one decimal place.)

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