Question
Question: The following table presents select snapshots from the 2015 price and dividend history of the common stock for 3M, as obtained from Yahoo financial
Question:The following table presents select snapshots from the 2015 price and dividend history of the common stock for 3M, as obtained from Yahoo financial
Date Close Dividends Adj. Close
12/31/15 150.64 148.57
11/18/15 157.39 1.025 155.23
8/19/15 145.87 1.025 142.93
5/20/15 161.90 1.025 157.54
2/11/15 164.48 1.025 159.04
1/2/15 164.06 157.66
Using adjusted closing prices only, what was the Total Return for the stock for the year?
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
