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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.
What is the realized return % ?
\begin{tabular}{ccc} & Price & Dividend \\ \hline Jan 1 & 9.99 & \\ Mar 31 & 10.99 & 0.23 \\ Jun 30 & 10.49 & 0.23 \\ Sep 30 & 11.09 & 0.23 \\ Dec 31 & 10.99 & 0.23 \\ \hline \end{tabular}Step by Step Solution
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