The market price for Microsoft Corporation closed at $29.86 and $35.60 on December 29, 2006, and December

Question:

The market price for Microsoft closed at $29.86 and $35.60 on December 29, 2006, and December 31, 2007, respectively. The dividends per share were $0.37 for 2006 and $0.41 for 2007.
(a) Determine the yield for Microsoft on December 29, 2006, and December 31, 2007. (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...