= (Ending price-Beginning price)/Beginning price = ($43.06-$33.92)/$33.92 = 26.9

Question

= (Ending price-Beginning price)/Beginning price

= ($43.06-$33.92)/$33.92

= 26.95% still got the answer wrong

Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $33.92 $32.96 $29.41 $33.75 $39.49 $43.06 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. $0.18 $0.21 $0.19 $0.18 Return for the entire period is %. Enter your response as a percent rounded to two decimal places.

Explanation / Answer

Capital appreciation = 43.06 – 33.92 = 9.14

Dividend = 0.18 + .21 + .19 + .18 = 0.76

Return = Total gain from the stock/ beginning price

             = (9.14 + 0.76)/33.92

             = 9.9/ 33.92

             = 0.2919 or 29.19%

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