The market price for Microsoft Corporation Closed at $19.40 and $30.48 on December 31, 2008, and 2009,

Question:

The market price for Microsoft Closed at $19.40 and $30.48 on December 31, 2008, and 2009, respectively. The dividends per share were $0.46 for 2008 and $0.52 for 2009.
a. Determine the yield for Microsoft on December 31, 2008, and 2009. (Round percentages to two decimal places.)
b. Interpret these measures.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...