Selected information regarding a corporation's outstanding equity is shown below. Common stock, $10 par value, 350,000 shares outstanding $3,500,000 Preferred stock, $100 par value, 10,000 shares outstanding 1,000,000 Preferred stock dividend paid 60,000 Common stock dividend paid 700,000 Earnings per common share 3 Market price per common share 18 What is the corporation's dividend yield? A. 16.88% B. 11.11% C. 20.00% D. 16.66%