Question
The following table contains prices and dividends for a stock. All prices are after the dividend has been paid (ex-dividend). If you bought the stock
The following table contains prices and dividends for a stock. All prices are after the dividend has been paid (ex-dividend). If you bought the stock on January 1 and sold it on December 31, what is your realized return?Hint: Make sure to round all intermediate calculations to at least five decimal places.
| Price | Dividend |
| |
|---|---|---|---|
| Jan 1 | 9.78 | ||
| Mar 31 | 10.78 | 0.24 | |
| Jun 30 | 10.28 | 0.24 | |
| Sep 30 | 10.88 | 0.24 | |
| Dec 31 | 10.78 | 0.24 |
Your realized return is
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Capital And Finance
Authors: Peter Lewin, Nicolás Cachanosky
1st Edition
0367514559, 978-0367514556
