Quantum Corp. had earnings per share of $6.32 It paid a $7.50 dividend per share...

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Quantum Corp. had earnings per share of $6.32 It paid a $7.50 dividend per share to preferred shareholders, and a $2.50 dividend per share to common shareholders. There were 1000 preferred shares outstanding and 6,000 common shares outstanding. The market price per commun snare was $25. Calculate the dividend yield for common shares

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