The market price for Microsoft Corporation closed at $101.57 and $85.95 on December 31, current year, and

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The market price for Microsoft Corporation closed at $101.57 and $85.95 on December 31, current year, and previous year, respectively. The dividends per share were $1.68 for current year and $1.56 for previous year.

a. Determine the dividend yield for Microsoft on December 31, current year, and previous year. Round percentages to two decimal places.

b. Interpret these measures.

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ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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Question Posted: Apr 13, 2021 07:02 AM

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The market price for Microsoft Corporation closed at $101.57 and $85.95 on December 31, current year, and

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a Dividend yield of Microsoft on December 31 st 1 Current year Di...View the full answer

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