Selected financial information about Backpacking Resources, Inc., is as follows:

Total assets	$35,000,000
Total liabilities	$21,000,000
Total preferred stock	$4,500,000
Total annual preferred stock dividends	$360,000
Net profits after tax	$500,000
Number of shares of common stock outstanding	1,050,000 shares
Current market price of common stock	$40.00 a share
Annual common stock dividends	$1.20 a share

Using the company's financial information, compute the following:

Dividend yield. Round the answer to two decimal places. %

Book value per share. Round your answer to the nearest cent. $ per share