Question: Use the following information for the next two problems. Over the last five quarters, Microsoft Corporation ( MSFT ) common stock paid the dividends and

Use the following information for the next two problems. Over the last five quarters, Microsoft
Corporation (MSFT) common stock paid the dividends and had (unadjusted) closing prices given
below. Assume these dates are spaced exactly one quarter apart and the earliest and latest dates
are exactly one year apart do not convert to days!
Date Price Dividend
02/10/2023 $253.87 $0.68
05/12/2023 $250.76 $0.68
08/11/2023 $325.93 $0.68
11/09/2023 $331.31 $0.68
02/09/2024 $373.61 $0.75
5.[Ch 8] Suppose that on 02/10/2023, after the dividend had been paid to the previous owner,
you bought the stock at the closing price that day. You held the stock for one quarter (until
05/12/2023), received the dividend, and then sold it at the closing price. Calculate the one-
quarter dividend yield, capital gains yield, and total return for the quarter that you held the
Microsoft stock.
Dividend:
Cap Gains:
Total:

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