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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 9.78
Mar 31 10.78 0.18
June 30 10.28 0.18
Sept 30 10.88 0.18
Dec 31 10.78 0.18
The realized return is ______%
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