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Question 16 [2 points] X-cell Inc. declared and paid a $30.50 per share cash dividend during the current account period on its common stock. The

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Question 16 [2 points] X-cell Inc. declared and paid a $30.50 per share cash dividend during the current account period on its common stock. The current market value of the X-cell Inc. stock is $122 per share. Calculate the dividend yield ratio. Please make sure your final answer(s) are accurate to 2 decimal places. Dividend yield ratio = Official Time 14:35:43 SUBMIT AND MARK

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