Use the Table for the Question(s)below

question 31

Multiple Choice

Use the table for the question(s) below.
Consider the following price and dividend data for Ford Motor Company:

-Assume that you purchased Ford Motor Company stock at the closing price on December 31,2004 and sold it after the dividend had been paid at the closing price on January 26,2005.Your dividend yield for this period is closest to:

• A)-8.15%
• B)-8.80%
• C)0.70%
• D)0.75%

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Definitions:

Brokerage Fees

Charges levied by a broker for executing transactions or providing specialized services.

Common Stock

A type of security that signifies ownership in a corporation, entitling the holder to a claim on part of the company's profits and assets.

Accrued Interest

Accrued Interest is the interest that has been incurred but not yet paid or received as of a specific date.

Equity Method

An accounting technique used to record investments in other companies, where the investment is initially recorded at cost and subsequently adjusted for the investor's share of the investee's profits or losses.