1.) Find the compounded annual realized return of Microsoft stock assuming that you bought the stock on November 18, 2008 and sold it on November 17, 2009 after receiving the $0.13 per share dividend.

Answer in percent and round to nearest hundredth.

Use this price and dividend information:

Date. Price. Dividend

11/28/08; 18.94; None

2/17/09; 19.61; 0.13

5/19/09; 18.88; 0.13

8/18/09; 21; 0.13

11/17/09; 22.96; 0.13