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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

549.55

0.40

11/8/2011

66.65

0.42

1/2/2009

45.25

1/3/2012

74.22

Return from January 2, 2008, to January 2, 2009 is %. (Round to two decimal places.)

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