The market price for Microsoft Corporation closed at $26.71 and $25.96 on December 31, current year, and previous year, respectively. The dividends per share were $0.80 for current year and $0.64 for previous year. a. Determine the dividend yield for Microsoft on December 31, current year, and previous year. (Round percentages to two decimal places.) b. Interpret these measures. View Solution: The market price for Microsoft Corporation closed at 26 71 and

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter13: Corporations: Organization, Stock Transactions, And Dividends
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The market price for Microsoft Corporation closed at $26.71 and $25.96 on December 31, current year, and previous year, respectively. The dividends per share were $0.80 for current year and $0.64 for previous year. a. Determine the dividend yield for Microsoft on December 31, current year, and previous year. (Round percentages to two decimal places.) b. Interpret these measures. View Solution:
The market price for Microsoft Corporation closed at 26 71 and

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