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. Return for the entire period is%. (Round to two decimal places.) Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $34.08 $32.42 $31.78 $33.83 $37.58 $40.35 Dividend $0.21 $0.21 $0.18 $0.18

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter15: Capital Investment Analysis
Section: Chapter Questions
Problem 15.1.2MBA
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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.
I
Return for the entire period is%. (Round to two decimal places.)
Date
Jan 1
Feb 5
May 14
Aug 13
Nov 12
Dec 31
Price
$34.08
$32.42
$31.78
$33.83
$37.58
$40.35
Dividend
$0.21
$0.21
$0.18
$0.18
Transcribed Image Text: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. I Return for the entire period is%. (Round to two decimal places.) Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $34.08 $32.42 $31.78 $33.83 $37.58 $40.35 Dividend $0.21 $0.21 $0.18 $0.18
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