The market price for Potash Corp. of Saskatchewan Inc. closed at $114.39 and $154.45 on December 31,

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The market price for Potash Corp. of Saskatchewan Inc. closed at $114.39 and $154.45 on December 31, 2009, and December 31, 2010, respectively. The dividends per share were $0.15 for 2009 and $0.14 for 2010.
a. Determine the dividend yield for Potash Corp. on December 31, 2009, and December 31, 2010. (Round percentages to two decimal places.)
b. Interpret these measures.
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Accounting Volume 2

ISBN: 978-0176509743

2nd Canadian edition

Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren

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