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The Phibbs Company paid total cash dividends of $100,000 on 25,000 outstanding common shares. On the most recent trading day, the common shares sold at

The Phibbs Company paid total cash dividends of $100,000 on 25,000 outstanding common shares. On the most recent trading day, the common shares sold at $80. What is this company's dividend yield? Multiple Choice 16.90% 25.00% 5.00% 3.20%

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