T'J,' W'DH '+ Automatlcloom v 9 E] I l The current dividend yield for common stock is calculated using the formula Y= f( D , P) = DP where D is the most recent full-year dividend (in dollars) and P is the current share price (in dollars). The annualized dividend of a corporation for the year 2018 was $5.25 dollars and its price per share was $75.21 on May 5, 2020. What was the current dividend yield for the common stock at the time? Convert the decimal answer obtained for the current dividend yield into a percent