In January 2012 an investor purchased 800 shares of Engulf & Devour, a rapidly growing high-tech conglomerate.
Question:
In January 2012 an investor purchased 800 shares of Engulf & Devour, a rapidly growing high-tech conglomerate. From 2012 through 2016, the stock turned in the following dividend and share price performance.
On the basis of this information, find the annual holding period returns for 2012 through 2016.
Transcribed Image Text:
Share Price Beginning of Year $42.50* $54.00 $74.25 $81.00 $91.25 Dividends Paid during Year $0.82 $1.28 $1.64 $1.91 $2.30 Share Price Year 2012 2013 2014 2015 2016 Investor purchased stock in 2012 at this price. End ofYear 54.00 74.25 81.00 $ 91.25 $128.75
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Related Book For
Fundamentals Of Investing
ISBN: 9780134083308
13th Edition
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
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