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Using the data in the following table, calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009, and
Using the data in the following table, calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009, and also from January 3, 2011, to January 3, 2012, assuming all dividends are reinvested in the stock immediately.
Historical Stock and Dividend Data for Boeing | |||||
Date | Price | Dividend | Date | Price | Dividend |
1/2/2008 | 86.62 |
| 1/3/2011 | 66.40 |
|
2/6/2008 | 79.91 | 0.40 | 2/9/2011 | 72.63 | 0.42 |
5/7/2008 | 84.55 | 0.40 | 5/11/2011 | 79.08 | 0.42 |
8/6/2008 | 65.40 | 0.40 | 8/10/2011 | 57.41 | 0.42 |
11/5/2008 | 49.55 | 0.40 | 11/8/2011 | 66.65 | 0.42 |
1/2/2009 | 45.25 |
| 1/3/2012 | 74.22 |
|
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