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 $33.28 - 2/5/03 $29.78 $0.21 5/14/03 $28.02 $0.19 8/13/03 $31.14 $0.17 11/12/03 $39.72 $0.19 1/2/04 $40.56 -
Return for the entire period is .....%. ? (Round to two decimal places.)
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Essentials Of Accounting For Governmental And Not-for-Profit Organizations
Authors: Paul A Copley
11th Edition
0078025451, 9780078025457
