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Suppose that the monthly prices and dividend payments for a stock are the following. 3:2020 930/2020 DA/31/2020 11/30/2020 Closing price Dividend Monthly return $12

Suppose that the monthly prices and dividend payments for a stock are the following. 8:30-2020 938/2020

Suppose that the monthly prices and dividend payments for a stock are the following. 3:2020 930/2020 DA/31/2020 11/30/2020 Closing price Dividend Monthly return $12 $11.70 $0.30 $17.50 50 $13 50 Compute the total return for each month. What is the arithmetic average return of the monthly retums?

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