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The following table contains prices and dividends for a stock. All prices are after the dividend has been paid. If you bought the stock on

The following table contains prices and dividends for a stock. All prices are after the dividend has been paid. If you bought the stock on January 1 and sold it on December 31, what is your realized return?

Price Dividend
1-Jan 9.98
31-Mar 10.98 0.23
30-Jun 10.48 0.23
30-Sep 11.08 0.23
31-Dec 10.98

0.23

I got 19.2%. But I don't think I did the calculation correctly. Here is my work:

Return = ((.23*4) +(10.98-9.98))*365 / (9.98*365)

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