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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 $31.01 - Feb 5 $31.98 $0.21 May 14 $29.44 $0.19 Aug 13 $33.67 $0.21 Nov 12 $36.68 $0.19 Dec 31 $40.77 -

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

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