Question
In January 2012, an investor purchased 700 shares of Engulf & Devour, a rapidly growing high-tech conglomerate. From 2012 through 2016,the stock turned in the
In January 2012, an investor purchased 700 shares of Engulf & Devour, a rapidly growing high-tech conglomerate. From 2012 through 2016,the stock turned in the following dividend and share price performance: On the basis of this information, find the annual holding period returns for 2012 through 2016.
A. The holding period return for 2012 is __% ? (Round to two decimal places.)
The holding period return for 2013 is__ %.? (Round to two decimal places.)
The holding period return for 2014 is___% ?. (Round to two decimal places.)
The holding period return for 2015 is __%. (Round to two decimal places.)
The holding period return for 2016 __ is %.(Round to two decimal places.)
Year | Share Price at Beginning of Year ($) | Dividends Paid During Year ($) | Share Price at End of Year ($) | |
2012 | 54.97 | 1.05 | 72.47 | |
2013 | 72.47 | 1.54 | 78.05 | |
2014 | 78.05 | 1.25 | 97.34 | |
2015 | 97.34 | 1.63 | 92.52 | |
2016 | 92.52 | 2.57 | 102.66 |
*Investor purchased stock in 2012 at this price.
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