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Microsoft paid a cash dividend of 36 cents per share on August 16, 2016, as part of its regular quarterly dividend program. If you bought
Microsoft paid a cash dividend of 36 cents per share on August 16, 2016, as part of its regular quarterly dividend program. If you bought a share of Microsoft at the opening price of $56.60 on Monday, August 1, 2016, and sold it at the closing price of $57.46 on Wednesday, August 31, what was your realized return for August 2016? Round your answer to two decimal places (Answer Format Example: If you get an answer of 33.59%, then type 33.59 as your answer).
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