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Partridge Company provides the following information for the year 2020 Net income $32,600 Market price of common shares $2.00/share Dividends paid common shares $0.10/share Dividends

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Partridge Company provides the following information for the year 2020 Net income $32,600 Market price of common shares $2.00/share Dividends paid common shares $0.10/share Dividends paid-preferred shares $1.00/share Preferred shares outstanding at December 31, 2020 20,000 shares Common shares outstanding at December 31, 2020 150,000 shares Note: There were no new preferred shares issued in 2020, 60,000 common shares were issued on September 30, 2020. What is the dividend yield for one share of common stock? Round to the nearest whole percent. O A. 15% OB. 6% O C. 9% OD. 5%

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