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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

1/2/03 $32.66 -

2/5/03 $29.38 $0.19

5/14/03 $29.72 $0.22

8/13/03 $31.49 $0.19

11/12/03 $37.24 $0.21

1/2/04 $43.59 -

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