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3. Calculating Stock Return Following are a stock's price and dividend from January 1 to December 31. (a) Calculate the gross return and rate of
3. Calculating Stock Return Following are a stock's price and dividend from January 1 to December 31. (a) Calculate the gross return and rate of return for each period and report in the following table. (b) What is the average of rate of return? (c) What is the standard deviation of rate of return? (d) Suppose you invest $1,000 in the stock on January 1. What would the investment value be on December 31 ? (Assume that dividends are immediately reinvested to buy more shares)
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