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15 The market price for Microsoft Corporation closed at $30.48 and $27.91 on December 31, Year 1, and Year 2, respectively. The dividends per share

15

The market price for Microsoft Corporation closed at $30.48 and $27.91 on December 31, Year 1, and Year 2, respectively. The dividends per share were $0.52 for Year 1 and $0.52 for Year 2.

Determine the dividend yield for Microsoft on December 31, Year 1, and Year 2. (Round percentages to two decimal places.)

Year 1 %

Year 2

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