Dividend Yield

The market price for Macro Corporation closed at $$52\mathrm{.}14$ and $$76\mathrm{.}00$ on December $31,$ current year, and previous year, respectively. The dividends per share were $$0\mathrm{.}61$ for current year and $$0\mathrm{.}76$ for previous year.

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

Current year fill in the blank $1$

$\%$

Previous year fill in the blank $2$

$\%$

b$.$ The dividend yield

from the previous year to the current year. This is a result of a$($n$)$

in the dividend relative to stock price.