Question: IBC has dividends and prices following the table below. Assuming dividends are reinvested, what was IBCs annual return for 2019? IBC Date 1/1/2019 3/10/2019 6/9/2019

IBC has dividends and prices following the table below. Assuming dividends are reinvested, what was IBC’s annual return for 2019?

IBC






Date

1/1/2019

3/10/2019

6/9/2019

9/12/2019

12/31/2019

Price

50

45

55

52

54

Dividend


0.25

0.25

0.25

0.25



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Let 100 shares be purchased for IBC Hence investment value 501005000 Dividend received on 3102019 02... View full answer

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