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Consider the following price and dividend data for Ford Motor Company: Price ($) Dividend ($) Date December 31, 2004 January 26, 2005 April 28, 2005
Consider the following price and dividend data for Ford Motor Company: Price ($) Dividend ($) Date December 31, 2004 January 26, 2005 April 28, 2005 July 29, 2005 October 28, 2005 December 30, 2005 $14.77 $13.03 $9.14 $10.74 $8.02 $7.72 $0.11 $0.11 $0.11 $0.11 Assume that you purchased Ford Motor Company stock at the closing price on December 31, 2004 and sold it after the dividend had been paid at the closing price on January 26, 2005. Your dividend yield for this period is closest to: O A. 0.82% OB. - 11.78% O c. - 11.04% OD. 0.74%
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