Your next-door neighbor thinks that she has discovered the next food craze: a blend of Chinese and Mexican cuisine she is calling ChinMex. She already has one location that is busy all day. She currently has gross sales of $13 million. Her expenses, which include ingredients, rent, and personnel, run $11.2 million. If you purchased 100 shares of your neighbor's company stock at the IPO price of $15 per share and the company distributed a $3.00 dividend per share, what would be your dividend yield? 40.00% 3.00 %. 20.00% 74,00 % Save for Later Attempts:0 of 1 used Submit