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Using the data in the following table, calculate the return for investing in Boeing stock (BA) from January 2, 2003, to January 2, 2004, and
Using the data in the following table, calculate the return for investing in Boeing stock (BA) from January 2, 2003, to January 2, 2004, and also from January 2, 2008, to January 2, 2009, assuming all dividends are reinvested in the stock immediately.
a. Return from January 2, 2003, to January 2, 2004 is how much percentage? (Round to two decimal places.)
a. Return from January 2, 2008, to January 2, 2009 is how much percentage? (Round to two decimal places.)
Date 1/2/2003 2/5/2003 5/14/2003 8/13/2003 11/12/2003 1/2/2004 Price $33.88 $30.67 $29.49 $32.38 $39.07 $41.99 Historical Stock and Dividend Data for Boeing Dividend Date 1/2/2008 $0.17 2/6/2008 $0.17 5/7/2008 $0.17 8/6/2008 $0.17 11/5/2008 1/2/2009 Price $86.62 $79.91 $84.55 $65.40 $49.55 $45.25 Dividend $0.40 $0.40 $0.40 $0.40Step by Step Solution
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