Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The table below contains prices and dividends for a share. All prices are after the dividend has been paid. If you bought the share on

The table below contains prices and dividends for a share. All prices are after the dividend has been paid. If you bought the share on 1 January and sold it on 31 December, what is your realised return? Hint: Make sure to round all intermediate calculations to at least five decimal places.

Price Dividend

1 Jan 9.94 -

31 Mar 10.94 0.24

30 Jun 10.44 0.24

30 Sep 11.04 0.24

31 Dec 10.94 0.24

Your realised return is ... %. (Round to one decimal place.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics For Investment Decision Makers

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

1st Edition

1118111966, 9781118111963

More Books

Students also viewed these Finance questions

Question

How objective is the traditional HC balance sheet?

Answered: 1 week ago