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?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Consider the following price and dividend data for GS
Company:
Date
Price ($)Dividend ($)
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 $7.72
Assume that you purchased GS Company stock at the closing
price on December 31, 2008 and sold it at the closing price on
December 30, 2009. What is your realized annual return for the
year 2009?
Transcribed Image Text:Consider the following price and dividend data for GS Company: Date Price ($)Dividend ($) 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?
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