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Using the data in the table to the right, calculate the return for investing in the stock from January 1 to December 31. Prices are
Using the data in the table to the right, calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid.
Date | Price | Dividend |
Jan 1 | $34.34 |
|
Feb 5 | $29.51 | $0.21 |
May 14 | $31.28 | $0.21 |
Aug 13 | $31.27 | $0.17 |
Nov 12 | $39.74 | $0.18 |
Dec 31 | $42.49 |
|
Return for the entire period is _____%. (Round to two decimal places.)
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