Question: Using the data in the following table, Historical Stock and Dividend Data for Boeing Date Price Dividend Date Price Dividend 1/2/2008 $85.44 1/3/2011 $64.72 2/6/2008
Using the data in the following table,
| Historical Stock and Dividend Data for Boeing | |||||
| Date | Price | Dividend | Date | Price | Dividend |
| 1/2/2008 | $85.44 | 1/3/2011 | $64.72 | ||
| 2/6/2008 | $80.49 | $0.36 | 2/9/2011 | $72.67 | $0.43 |
| 5/7/2008 | $83.35 | $0.36 | 5/11/2011 | $77.08 | $0.43 |
| 8/6/2008 | $66.43 | $0.36 | 8/10/2011 | $57.21 | $0.43 |
| 11/5/2008 | $49.85 | $0.00 | 11/8/2011 | $64.66 | $0.43 |
| 1/2/2009 | $43.47 | 1/3/2012 | $73.73 |
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.
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