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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

$ 34.97

Feb 5

$ 31.24

$0.19

May 14

$ 30.79

$0.21

Aug 13

$ 31.73

$0.19

Nov 12

$ 37.46$

$0.21

Dec 31

$ 42.98 --

Return for the entire period is ....... %. (Round to two decimal places.)

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