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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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