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TB MC Qq. 9-47(Algo) The Phibbs Company paid total cash dividends The Phibbs Company paid total cash dividends of 113,400 on 27,000 outstanding common shares.

TB MC Qq. 9-47(Algo) The Phibbs Company paid total cash dividends The Phibbs Company paid total cash dividends of 113,400 on 27,000 outstanding common shares. On the most recent trading day, the common shares sold at $82. What is this company's dividend yield?

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