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What is the annual rate of return on the stock (percentage) before tax? 37.67% 29.19% 23.55% Event Date Jan. 1, 2005 Feb. 1, 2005 Mar.

What is the annual rate of return on the stock (percentage) before tax?

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37.67%
29.19%
23.55%

Event Date Jan. 1, 2005 Feb. 1, 2005 Mar. 1, 2005 Apr. 1, 2005 Jan. 1, 2006 Stock Price (after Event) $100 $95 $65 $55 $70 Issue 10% Preferred Stocks Split 2:3 $3.00 dividends per stock

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