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Calculate the return on stock X from December 31, 2017 to December 31, 2018. Assume all dividends are reinvested in the stock. Dividends and ex-dividend
Calculate the return on stock X from December 31, 2017 to December 31, 2018. Assume all dividends are reinvested in the stock. Dividends and ex-dividend prices
(prices after dividend payments) are as follows:
Date price dividend
Dec 31, 2017 100
Mar 31, 2018 102 1
Jun 30, 2018 98 1
Sep 30, 2018 104 1
Dec 31, 2018 103 1
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