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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.
What is the return % for the entire period?
\begin{tabular}{ccc} \hline Date & Price & Dividend \\ \hline Jan 1 & $31.52 & \\ Feb 5 & $32.34 & $0.21 \\ May 14 & $30.82 & $0.18 \\ Aug 13 & $31.71 & $0.21 \\ Nov 12 & $39.74 & $0.21 \\ Dec 31 & $43.91 & \end{tabular}Step by Step Solution
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