Question
Consider the following price and dividend data for Ford Motor Company: Date Price ($) Dividend ($) December 31, 2004 $14.54 January 26, 2005 $13.38 $0.13
Consider the following price and dividend data for Ford Motor Company:
| Date | Price ($) | Dividend ($) |
| December 31, 2004 | $14.54 | |
| January 26, 2005 | $13.38 | $0.13 |
| April 28, 2005 | $9.14 | $0.13 |
| July 29, 2005 | $10.74 | $0.13 |
| October 28, 2005 | $8.02 | $0.13 |
| December 30, 2005 | $7.72 |
Assume that you purchased Ford Motor Company stock at the closing price on December 31, 2004 and sold it at the closing price on December 30, 2005. Your realized annual return is for the year 2005 is closest to:
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Financial and Management Accounting
Authors: Pauline Weetman
7th edition
1292086599, 978-1292086590
