Use the Table for the Question(s)below

question 56

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%
• E)1.25%

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