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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?Hint: Make sure to round all intermediate calculations to at least five decimal places. (Click on the following icon in order to copy its contents into a spreadsheet.)
Price | Dividend | |
Jan 1 | 9.92 | |
Mar 31 | 10.92 | 0.25 |
Jun 30 | 10.42 | 0.25 |
Sep 30 | 11.02 | 0.25 |
Dec 31 | 10.92 | 0.25 |
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