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The market price for Macro Corporation closed at $28.38 and $28.50 on December 31, current year, and previous year, respectively. The dividends per share were

The market price for Macro Corporation closed at $28.38 and $28.50 on December 31, current year, and previous year, respectively. The dividends per share were $0.42 for current year and $0.57 for previous year.

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

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