The following stock exchange data for Microsoft Corporation were taken from the Yahoo! Finance Web site on November 29, 2013:
Microsoft Corporation (MSFT)
Last Trade: .................... 38.13 .................... Prev. Clos: .................... 37.60
Trade Time: .................... 1:00 PM EST ........ 1y Target Est: ................. 36.32
............................................................. Day's Range: ................. 37.82-38.29
............................................................. 52wk Range: ................. 26.26-38.29
............................................................. Volume: ....................... 22,090,428
............................................................. Div & Yield: ................. 1.12 (3.00%)
a. If you owned 500 shares of Mircosoft, what amount would you receive as a quarterly dividend?
b. Compute the percentage increase in price from the Previous Close to the Last Trade. Round to two decimal places.
c. What is Microsoft's percentage change in market price from the 52-week low to the Last Trade on November 29, 2013? Round to one decimal place.
d. If you bought 500 shares of Microsoft at the Last Trade price on November 29, 2013, how much would it cost, and who gets the money?