The following stock exchange data for Microsoft Corporation were taken from the Yahoo! Finance Web site on

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The following stock exchange data for Microsoft Corporation were taken from the Yahoo! Finance Web site on February 29, 2012:

The following stock exchange data for Microsoft Corporation were taken

a. If you owned 500 shares of Microsoft, what amount would you receive as a quarterly dividend?
b. Compute the percentage decrease in price from the Previous Close to the Last Trade. Round to two decimal places.
c. What is Microsoft€™s percentage change in market price from the 52-week low to the
Previous Close on February 28, 2012? Round to one decimal place.
d. If you bought 500 shares of GE at the Last Trade price on February 29, 2012, how much would it cost, and who gets themoney?

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Corporate Financial Accounting

ISBN: 978-1133952411

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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