The market price for Microsoft Corporation closed at $26.71 and $25.96 on December 31, current year, and

Question:

The market price for Microsoft closed at $26.71 and $25.96 on December 31, current year, and previous year, respectively. The dividends per share were $0.80 for current year and $0.64 for previous year.
a. Determine the yield for Microsoft on December 31, current year, and previous year. (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...