Question: Using the data in the following table, , calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2,2009 ,


Using the data in the following table, , 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. Return from January 2, 2008, to January 2, 2009 is \%. (Round to two decimal places.) Return from January 3,2011 , to January 3, 2012 is \%. (Round to two decimal places.) Historical Stock and Dividend Data for Boeing \begin{tabular}{crcccc} \hline Date & Price & Dividend & Date & Price & Dividend \\ \hline 1/2/2008 & $86.62 & & 1/3/2011 & $66.40 & \\ 2/6/2008 & 79.91 & $0.40 & 2/9/2011 & 72.63 & $0.42 \\ 5/7/2008 & 84.55 & 0.40 & 5/11/2011 & 79.08 & 0.42 \\ 8/6/2008 & 65.40 & 0.40 & 8/10/2011 & 57.41 & 0.42 \\ 11/5/2008 & 49.55 & 0.40 & 11/8/2011 & 66.65 & 0.42 \\ 1/2/2009 & 45.25 & & 1/3/2012 & 74.22 & \\ \hline \end{tabular}
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
