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Date Price ($) Dividend ($) 12/31/2008 $14.64 01/26/2009 $13.35 $0.10 04/28/2009 $9.14 $0.10 07/29/2009 $10.74 $0.10 10/28/2009 $8.02 $0.10 12/30/2009 $7.72 Assume that you purchased
Date | Price ($) | Dividend ($) |
12/31/2008 | $14.64 | |
01/26/2009 | $13.35 | $0.10 |
04/28/2009 | $9.14 | $0.10 |
07/29/2009 | $10.74 | $0.10 |
10/28/2009 | $8.02 | $0.10 |
12/30/2009 | $7.72 |
Assume that you purchased General Electric Company stock at the closing price on April 28, 2009 and sold it at the closing price on October 28, 2009. Also, you received the dividends paid in July and October. What is your total % return rate (yield) for this period?
A. -8.97%
B. -7.18%
C. -13.91%
D. -10.77%
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