The market price for Microsoft Corporation closed at $30.48 and $27.91 on December 31, Year 1, and
Question:
a. Determine the dividend yield for Microsoft on December 31, Year 1, and Year 2. (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...
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a Year 1 Dividend Yield 052 3048 171 Year 2 Dividend Yield 052 2791 186 b Dividends per sha...View the full answer
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Related Book For 
Corporate Financial Accounting
ISBN: 978-1133952411
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
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