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Consider the following price and dividend data for Ford MotorCompany: Date Price($) Dividend($) December31, 2004 $14.36 January26, 2005 $13.67 $0.12 April28, 2005 $9.14 $0.12 July29,
Consider the following price and dividend data for Ford MotorCompany:
Date
Price($)
Dividend($)
December31, 2004
$14.36
January26, 2005
$13.67
$0.12
April28, 2005
$9.14
$0.12
July29, 2005
$10.74
$0.12
October28, 2005
$8.02
$0.12
December30, 2005
$7.72
Assume that you purchased Ford Motor Company stock at the closing price on December31, 2004 and sold it after the dividend had been paid at the closing price on January26, 2005. Your dividend yield for this period is closestto:
A.
3.97%
B.
0.84%
C.
0.92%
D.
4.81%
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