In: Finance
Using the data in the table below, calculate the return for investing in the share from 1 January to 31 December. Prices are after the dividend has been paid |
Date |
Price |
Dividend |
Jan 1 |
$31.53 |
− |
Feb 5 |
$31.11 |
$0.22 |
May 14 |
$30.67 |
$0.18 |
Aug 13 |
$31.78 |
$0.21 |
Nov 12 |
$37.95 |
$0.22 |
Dec 31 |
$40.11 |
Return for the entire period is ................. %. (Enter your response as a percent rounded to two decimal places.)
Calculation-
Please upvote if the ans is helpful.In case of doubt,do comment.Thanks.