Question
IBC Date 1/1/2019 3/10/2019 6/9/2019 9/12/2019 12/31/2019 Price 50 45 55 52 54 Dividend 0.25 0.25 0.25 0.25 IBC has dividends and prices following the
IBC | |||||
Date | 1/1/2019 | 3/10/2019 | 6/9/2019 | 9/12/2019 | 12/31/2019 |
Price | 50 | 45 | 55 | 52 | 54 |
Dividend | 0.25 | 0.25 | 0.25 | 0.25 |
IBC has dividends and prices following the table above. Assuming dividends are reinvested, what was IBCs annual return for 2019?
Instruction: Type your answer in the unit of percentage point, and round to three decimal places. E.g., if your answer is 0.0106465 or 1.06465%, should type ONLY the number 1.065, neither 0.0106465, 0.0106, nor 1.065%, because I already have percentage sign at the end of the problem. Otherwise, Blackboard will treat it as a wrong answer.
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