Question
General Electric Company (GE) Date Dividends 12/26/2017 0.923077 2/23/2018 0.923077 6/15/2018 0.923077 9/14/2018 0.923077 12/19/2018 0.076923 3/8/2019 0.08 6/28/2019 0.08 9/13/2019 0.08 12/20/2019 0.08 3/6/2020
General Electric Company (GE) Date Dividends 12/26/2017 0.923077 2/23/2018 0.923077 6/15/2018 0.923077 9/14/2018 0.923077 12/19/2018 0.076923 3/8/2019 0.08 6/28/2019 0.08 9/13/2019 0.08 12/20/2019 0.08 3/6/2020 0.08 6/26/2020 0.08 9/25/2020 0.08 12/18/2020 0.08 3/5/2021 0.08 6/25/2021 0.08 9/24/2021 0.08 12/20/2021 0.08 3/7/2022 0.08 6/27/2022 0.08 9/26/2022 0.08 Source: Yahoo finance; excel file downloaded available Closing price of the stock at the end of each of the preceding five years; the time frame is from 2017- 2022 Closing stock price at 12/2017 - 134.23 Closing stock price at 12/2018 - 58.23 Closing stock price at 12/2019 - 89.28 Closing Stock price at 12/2020 - 86.40 Closing Stock price at 12/2021- 94.47 Closing stock price at 4/11/2022- 81.07 a. Calculate the return for each of the five one-year periods (5 marks). b. Create a graph that shows the return that the investment earned on the y-axis and the year in which the return was earned on the x-axis (5 marks). c. On the basis of the graph in part b, estimate the return for the coming year, and explain your answer (5 marks
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