Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 | 9.94 | ||
Mar 31 | 10.94 | 0.16 | |
Jun 30 | 10.44 | 0.16 | |
Sep 30 | 11.04 | 0.16 | |
Dec 31 | 10.94 | 0.16 |
Your realized return is? %. (Round to one decimal place.)
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