QUESTION 14

1. Consider the prices and dividends for the following stock, what is the return of the stock if you sell it right after August 15, 2019. (Hint: Compute the annualized return)

   Date	Price	Dividend
   June 15, 2019	41.52
   July 1, 2019	61.67	4.67
   July 15, 2019	51.46	1.59
   August 1, 2019	69.78
   August 15, 2019	73.91	1.94

   NOTE: Enter the PERCENTAGE number rounding to two decimals. If your decimal answer is 0.034576, your answer must be 3.46. DO NOT USE the % sign.