The following information was taken from the financial statements of Bailey Inc. for December 31 of the current fiscal year:

Common stock, $10 par value (no change during the year) ..... $4,000,000

Preferred $5 stock, $25 par (no change during the year) ...... 1,250,000

The net income was $1,250,000 and the declared dividends on the common stock were $800,000 for the current year. The market price of the common stock is $40 per share.

For the common stock, determine

(a) The earnings per share,

(b) The price-earnings ratio,

(c) The dividends per share, and

(d) The dividend yield. Round to one decimal place except earnings per share, which should be rounded to two decimal places.