Date Closing Price Dividend December 31, 2018 $14.64 $13.35 $0.10 January 26, 2019 April 28, 2019 July 29, 2019 $9.14 $0.10 $10.74 $0.10 October 28, 2019 $8.02 $0.10 December 30, 2019 $7.72 Assume that you purchased Ford Motor Company stock at the closing price on December 31, 2018 and sold it at the closing price on December 30, 2019. What is your realised annual return for the year 2019? The realised annual return for 2019 is and is derived by first calculating quarterly realised returns using the following formula then annualising these returns by