Consider the following price and dividend data for GS Company: Date Price (S)Dividend (S) December 31, 2008 $14.64 January 26, 2009 $13.35 $0.10 April 28, 2009 $9.14 $0.10 July 29, 2009 $10.74 $0.10 October 28, 2009 $8.02 $0.10 December 30, 2009 $7.72 Assume that you purchased GS Company stock at the closing price on December 31, 2008 and sold it at the closing price on December 30, 2009. What is your realized annual return for the year 2009?
Consider the following price and dividend data for GS Company: Date Price (S)Dividend (S) December 31, 2008 $14.64 January 26, 2009 $13.35 $0.10 April 28, 2009 $9.14 $0.10 July 29, 2009 $10.74 $0.10 October 28, 2009 $8.02 $0.10 December 30, 2009 $7.72 Assume that you purchased GS Company stock at the closing price on December 31, 2008 and sold it at the closing price on December 30, 2009. What is your realized annual return for the year 2009?
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter14: Distributions To Shareholders:dividends And Share Repurchases
Section: Chapter Questions
Problem 3TCL
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