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Compute the Dividend Reinvestment Return for stock ABC over the period of January 31st through May 31st. The ex-dividend price and dividend data for stock
Compute the Dividend Reinvestment Return for stock ABC over the period of January 31st through May 31st. The ex-dividend price and dividend data for stock ABC are as follows.
Time Ex-dividend Price Dividend
Jan 31 $9
Feb 28 $7 $2.3
Mar 31 $7 $1
Apr 30 $13 $2.0
May 31 $6
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