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Consider the prices and dividends for the following stock, what is the return of the stock if you sell it right after August 15, 2019.
Consider the prices and dividends for the following stock, what is the return of the stock if you sell it right after August 15, 2019. (Hint: Compute the annualized return)
Date | Price | Dividend |
June 15, 2019 | 44.83 | |
July 1, 2019 | 50.25 | 3.00 |
July 15, 2019 | 53.19 | 1.62 |
August 1, 2019 | 64.94 | |
August 15, 2019 | 67.18 | 1.33 |
NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign.
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