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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.
Price | Dividend |
| |
Jan 1 | 10.16 | ||
Mar 31 | 11.16 | 0.16 | |
Jun 30 | 10.66 | 0.16 | |
Sep 30 | 11.26 | 0.16 | |
Dec 31 | 11.16 | 0.16 |
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