From the data shown in the table here, that contains historical monthly prices and dividends (paid at the end of the month) for Ford Motor Company stock (Ticker: F) from August 1994 to August 1998. Calculate the realized return over this period, expressing your answer in percent per month (i.e., what monthly return would have led to the same cumulative performance as an investment in Ford stock over this period).

The total return is ? (Round to two decimal places.)

E 1+Rt 0.949 1.072 0.919 1.028 0.915 1.035 1.029 1.021 1.078 1.017 0.985 B D 1 Date Stock Price Dividend Return 2 Aug-94 $29.250 S0.000 3 Sep-94 $27.750 50.000 -5.1396 4 Oct-94 $29.500 $0.260 7.2496 5 Nov.94 $27.125 S0.000 -8.0596 6 Dec-94 $27.875 $0.000 2.7696 7 Jan-95 $25.250 $0.260 -8.4896 8 Feb-95 $26.125 S0.000 3.4796 9 Mar.95 $26.875 $0.000 2.8796 10 Apr-95 $27.125 $0.310 2.0896 11 May-95 $29.250 $0.000 7.8395 12 Jun-95 $29.750 $0.000 1.7196 13 Jul-95 $29.000 So.310 -1.4896 14 Aug-95 $3 750 S0.000 6.0396 15 Sep-95 $31.125 S0.000 1.22% 16 Oct-95 $28.750 $0.350 -6.5196 17 Nov-95 $28.250 $0.000 -1.7496 18 Dec-95 $28.875 S0.000 2.2195 19 Jan-96 $29.500 $0.350 3.3896 20 Feb-96 $31.250 $0.000 5.93% 21 Mar-96 $34.375 $0.000 10.00% 22 Apr-96 $35.875 $0.350 5.3896 23 May-96 $36.500 $0.000 1.7495 24 Jun-96 $32.375 $0.000 -11.30% 25 Jul-96 $32.375 $0.385 1.1996 26 Aug-96 $33.500 S0.000 3.47% 27 Sep-96 $31.250 $0.000 -6.7296 28 Oct-96 $31.250 $0.385 1.2396 29 Nov.96 $32.750 S0.000 4.80% 30 Dec-96 $32.250 S0.000 -1.5396 31 Jan-97 $32.125 $0.385 0.8196 32 Feb-97 $32.875 $0.000 2.3396 33 Mar-97 $31.375 $0.000 -4.5696 34 Apr-97 $34.750 $0.420 12.10% 35 May-97 $37.500 $0.000 7.9196 36 Jun-97 $38.000 S0.000 1.3396 37 Jul-97 $40.875 $0.420 8.6796 38 Aug-97 $43.000 $0.000 5.2096 39 Sep-97 $45.125 S0.000 4.9496 40 Oct-97 $43.688 $0.420 -2.2596 41 Nov-97 $43.000 S0.000 -1.57% 42 Dec-97 $48.563 S0.000 12.9496 43 Jan-98 $51.000 $0.420 5.8896 44 Feb-98 $56.563 $0.000 10.9195 45 Mar-98 $64.813 $0.000 14.5996 46 Apr-98 $45.813 $23.680 7.2296 47 May-98 $51.875 S0.000 13.2396 48 Jun-98 $59.000 $0.000 13.7396 49 Jul-98 $57.000 $0.420 -2.6896 50 Aus-98 $44.625 $0.000 -21.7196 51 1.012 0.935 0.983 1.022 1.034 1.059 1.1 1.054 1.017 0.887 1.012 1.035 0.933 1.012 1.048 0.985 1.008 1.023 0.954 1.121 1.079 1.013 1.087 1.052 1.049 0.977 0.984 1.129 1.059 1.109 1.146 1.072 1.132 1.137 0.973 0.783