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Shares of stock in the Norgard Teaching Company ( NTC ) are currenting trading at $ 4 2 . 7 6 per share. NTC was

Shares of stock in the Norgard Teaching Company (NTC) are currenting trading at $42.76 per share. NTC was very profitable this year and because of this they paid a dividend in all 4 quarters. In the first quarter the dividend was $0.77 per share, in the second quarter the dividend was $0.75 per share, in the third quarter the dividend was $0.42 per share, and in the fourth quarter the dividend was $0.81 per share. Based on this, calculate the dividend yield for NTC (Round your answer to two decimal places)

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