Question
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 | $32.74 | - |
| 2/5/03 | $32.28 | $0.22 |
| 5/14/03 | $29.52 | $0.22 |
| 8/13/03 | $30.54 | $0.21 |
| 11/12/03 | $37.17 | $0.21 |
| 1/2/04 | $40.61 | - |
Return for the entire period is %.
(Round to two decimal places.)
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Collectible Investments For The High Net Worth Investor
Authors: Stephen Satchell
1st Edition
0123745225,0080923054
