Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $34.41 $29.41 $31.08 $31.74 $
ID: 2790245 • Letter: D
Question
Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $34.41 $29.41 $31.08 $31.74 $39.29 $40.62 Dividend 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. Click on the icon located on the top-right corner of the data table to copy its contents into a spreadsheet. $0.19 $0.22 $0.21 $0.21 Return for the entire period is %. (Enter your response as a percent rounded to two decimal places.)Explanation / Answer
Return for the entire period =7.04/34.41 =20.46%
Capital Gain 40.62-34.41 6.21 Dividend gain .19+.22+.21+.21 0.83 Total Return 7.04Related Questions
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