2. A bank declared a dividend of 27 pesos share for the common stock. If the common stock closes at 93 pesos, how large is the stock yield ratio on this investment? Step 1: Dividend per share- Market value%D Unknown- dividend Step 2: Stock yield ratio= market value Step 3: Use the formula on step 2 to solve for the unknown. Stock yield ratio = Step 4: Answer in sentence.

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