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Find the *compounded* annual realized return of Microsoft stock assuming that you bought the stock on November 18, 2008 and sold it on November 17,

Find the *compounded* annual realized return of Microsoft stock assuming that you bought the stock on November 18, 2008 and sold it on November 17, 2009 after receiving the $0.13 per share dividend.

Answer in percent and round to nearest hundredth.

Use this price and dividend information:

Date............. Price......... Dividend

11/28/08...... 18.62

2/17/09..........19.3........ 0.13

5/19/09..........17.93....... 0.13

8/18/09..........20.94...... 0.13

11/17/09........22.69....... 0.13

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