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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 $0.17 per share dividend.
Answer in percent and round to nearest hundredth.
Use this price and dividend information:
Date. Price. Dividend
11/28/08 18.05
2/17/09 19.95 0.17
5/19/09 18.14 0.17
8/18/09 20.67 0.17
11/17/09 22.65 0.17
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