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Using the data in the following table, calculate the return for investing in this stock from January 1 to December 31. Prices are after the
Using the data in the following table, calculate the return for investing in this stock from January 1 to December 31. Prices are after the dividend has been paid:
| Stock Price | Dividend | |
| 1-Jan | $ 50.00 | |
| 31-Mar | $ 51.00 | $ 0.55 |
| 30-Jun | $ 49.47 | $ 0.55 |
| 30-Sep | $ 51.94 | $ 0.75 |
| 31-Dec | $ 52.46 | $ 0.75 |
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Financial Accounting
Authors: Robert K. Eskew, Daniel L. Jensen
5th Edition
0070213550, 978-0070213555
