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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 $ 31.43 minus Feb 5 $ 32.72 $ 0.17 May 14 $ 28.25 $ 0.18 Aug 13 $ 32.98 $ 0.22 Nov 12 $ 39.59 $ 0.21 Dec 31 $ 43.76 minus Return for the entire period is 31.17%. (Round to two decimal places.)
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