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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 | 10.00 | ||
Mar 31 | 11.00 | 0.20 | |
Jun 30 | 10.50 | 0.20 | |
Sep 30 | 11.10 | 0.20 | |
Dec 31 | 11.00 | 0.20 |
Your realized return is %.
(Round to one decimal place.)
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