The following table contains prices and dividends for a stock. All prices are after the dividend...
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The following table contains prices and dividends for a stock. All prices are after the dividend has been paid (exdividend). 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. Jan 1 Price 9.78 Dividend Mar 31 10.78 0.16 Jun 30 10.28 0.16 Sep 30 10.88 0.16 Dec 31 10.78 0.16 Your realized return is %. (Round to one decimal place.) The following table contains prices and dividends for a stock. All prices are after the dividend has been paid (exdividend). 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. Jan 1 Price 9.78 Dividend Mar 31 10.78 0.16 Jun 30 10.28 0.16 Sep 30 10.88 0.16 Dec 31 10.78 0.16 Your realized return is %. (Round to one decimal place.)
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SOLUTION January 1 Buy stock at 978 March 31 Receive dividend of 016 Stock price is now 1078 June ... View the full answer
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