Dividend Yield The market price for Macro Corporation closed at $40.98 and $59.00 on December 31, current year, and previous year, respectively. The dividends per share were $0.50 for current year and $0.59 for previous year. Determine the dividend yield for Macro on December 31, current year, and previous year. Round percentages to two decimal places. Current year % Previous year % b. The dividend yield increased from the previous year to the current year. This is a result of a(n) increase in the dividend relative to stock price.

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To calculate the dividend yield for Macro Corporation on December 31 of the curr... View the full answer