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 |
| Jan 1 | $34.58 | |
| Feb 5 | $32.31 | $0.21 |
| May 14 | $30.92 | $0.19 |
| Aug 13 | $30.96 | $0.18 |
| Nov 12 | $37.59 | $0.18 |
| Dec 31 | $43.88 |
Return for the entire period is
nothing%.
(Round to two decimal places.)
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Principles Of Managerial Finance Brief
Authors: Chad J. Zutter, Scott B. Smart
8th Global Edition
1292267143, 978-1292267142
