In: Finance
The following table contains prices and dividends for a stock. All prices are after the dividend has been paid. If you bought the stock on January 1 and sold it on December 31, what is your realized return? Hint: Make sure to round all intermediate calculations to at least five decimal places.
Price |
Dividend |
||
Jan 1 |
9.94 |
||
Mar 31 |
10.94 |
0.23 |
|
Jun 30 |
10.44 |
0.23 |
|
Sep 30 |
11.04 |
0.23 |
|
Dec 31 |
10.94 |
0.23 |