A investor buys shares of a company for $59.85 on October 15th with the intent to hold it for 1 year. The dividend rate is $2.00 per year. The investor sells the shares for $61.25 on November 5th. The investor notes the following additional facts:

• No dividends were paid between October 15 and November 5
• The required return of the equity was 24% on an annual basis.

What is the required return on a weekly basis?

Question 40 options:

	1.81%
	0.46%
	0.41%
	24%