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Determine the dividend yield for Microsoft on December

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Reference no: EM132692308

Problem - The market price for Microsoft Corporation closed at $55.48 and $46.45 on December 31, current year, and previous year, respectively. The dividends per share were $1.24 for current year and $1.12 for previous year.

Required -

a. Determine the dividend yield for Microsoft on December 31, current year, and previous year. Round percentages to two decimal places.

b. Interpret these measures.

Reference no: EM132692308

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