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TB MC Qu. 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

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TB MC Qu. 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? Multiple Choice 15.71% 5.12% 3.32%

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