153. For 2015, Willis Corporation reported after-tax net income of $550,000. During the year, the number of outstanding shares of 6% $100 par preferred stock remained constant at 3,000, and 200,000...

153. For 2015, Willis Corporation reported after-tax net income of $550,000. During the year, the number of outstanding shares of 6% $100 par preferred stock remained constant at 3,000, and 200,000 shares of common stock were outstanding all year. The company's total stockholders' equity at December 31, 2015, was $6,500,000. Willis's common stock was selling at $28 per share at the end of the year. All dividends for the year were paid, including a dividend of $1.50 per share to common stockholders. Round your percentage to two decimal places. (e.g., .1562 as 15.62%)