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Dividend yield
The market for Microsoft Corporation closed at $19.40 and $30.48 on December 31, 2008, and 2009, respectively. The dividends per share were $0.46 for 2008 and $0.52 for 2009.
a. Determine the dividend yield for Microsoft on December 31, 2008, and 2009, (Round percentages to two decimal places.)
b. Interpret these measures.
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