On June 30 , Rae Corporation had a market price of $40 per share of common stock. For the previous year, Rae paid an annual dividend of $2.40. Compute the dividend yield for Rae Corporation. If necessary, round your answer to two decimal places. % On October 23, Brynner Company had a market price of $60 per share of common stock. For the previous year, Brynner paid an annual dividend of $0.90 per share. Compute the dividend yield for Brynner Company. Round your answer to one decimal place. % Dividend Yield At the market close of a recent year, Sherman Corporation had a closing stock price of $240. In addition, Sherman's Corporation had a dividend per share of $17.04 during the previous year. Determine Sherman Corporation's dividend yield. Round to one decimal place. %