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The answer is not 39.2% Using the data in the table to the right, calculate the return for investing in the stock from January 1
The answer is not 39.2%
Using the data in the table to the right, calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid Dividend Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $31.52 $29.79 $30.09 $30.35 $36.28 $40.85 $0.18 $0.19 $0.19 $0.17 Return for the entire period is %. (Round to two decimal places.)Step by Step Solution
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