Question 9

Rowan, an investor, bought a large number of shares in Corporation Corp. in 2016. The share paid a dividend a year later in 2017, and then another in 2018. Immediately after that, Rowan sold all his shares in Corporation Corp. The table below contains the details on the share price and dividends over this period.

You also know that whenever Rowan received a dividend, he would immediately reinvest it in Corporation Corp shares. For the purposes of this question, you may ignore any brokerage, taxation, or other fees.

Calculate Rowans total shareholder return (TSR) for this 2-year period.

Round your answer to the nearest whole number.

With due respect please do not assign a anonymous expert to answer my question. This is the 2nd posting for this question. Thank you