Returns with dividends: Example I $12/43$ Exercise $1$: Berk and DeMarzo, Example $10\mathrm{.}2.$ This table captures stock pricesand dividends of Microsoft over the year $2004($left panel$)$ and over the year$2008($right panel$).$Q$1)$ Calculate return over December $31,2003$ to August $23,2004.$Q$2)$ Calculate return for year $2004$ and for year $2008$ when dividends are reinvested.Q$3)$ Calculate return for year $2004$ and for year $2008$ when dividends are notreinvested.Q$4)$ Calculate capital return for year $2004$ and for year $2008$