Question: Using the data in the following table below calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009,
Using the data in the following table below calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009, and also from January 3, 2011, to January 3, 2012, assuming all dividends are reinvested in the stock immediately.
a) Return from January 2, 2008, to January 2, 2009 is %. (Round to two decimal places.)
b) January 3, 2011, to January 3, 2012, is ------% (Round to two decimal places.)
| Historical Stock and Dividend Data for Boeing | ||||||
| Date | Price | Dividend | Date | Price | Dividend | |
| 1/2/2008 | 86.62 | 1/3/2011 | 66.4 | |||
| 2/6/2008 | 79.91 | 0.4 | 2/9/2011 | 72.63 | 0.42 | |
| 5/7/2008 | 84.55 | 0.4 | 5/11/2011 | 79.08 | 0.42 | |
| 8/6/2008 | 65.4 | 0.4 | 8/10/2011 | 57.41 | 0.42 | |
| 11/5/2008 | 49.55 | 0.4 | 11/8/2011 | 66.65 | 0.42 | |
| 1/2/2009 | 45.25 | 1/3/2012 | 74.22 | |||
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