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Consider the following price and dividend data for Quicksilver Inc.: Price ($) Dividend ($) Date December 31, 2004 $15.06 January 26, 2005 $ 16.18 $ 0.09 April 28, 2005 $ 14.77 $ 0.09 July 29, 2005 $ 14.28 $ 0.09 October 28, 2005 $ 17.57 $ 0.09 December 30, 2005 $ 18.11 Assume that you purchased Quicksilver's stock at the closing price on December 31, 2004, and sold it at the closing price on December 30, 2005. Your realized annual return for the year 2005 is closest to

Consider the following price and dividend data for Quicksilver Inc.: Price ($) Dividend ($) Date December 31, 2004 $15.06 January 26, 2005 $ 16.18 $ 0.09 April 28, 2005 $ 14.77 $ 0.09 July 29, 2005 $ 14.28 $ 0.09 October 28, 2005 $ 17.57 $ 0.09 December 30, 2005 $ 18.11 Assume that you purchased Quicksilver's stock at the closing price on December 31, 2004, and sold it at the closing price on December 30, 2005. Your realized annual return for the year 2005 is closest to

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Consider the following price and dividend data for Quicksilver Inc.: Price ($) Dividend ($) Date December 31, 2004 $15.06 January 26, 2005 $ 16.18 $ 0.09 April 28, 2005 $ 14.77 $ 0.09 July 29, 2005 $ 14.28 $ 0.09 October 28, 2005 $ 17.57 $ 0.09 December 30, 2005 $ 18.11 Assume that you purchased Quicksilver's stock at the closing price on December 31, 2004, and sold it at the closing price on December 30, 2005. Your realized annual return for the year 2005 is closest to
Transcribed Image Text:Consider the following price and dividend data for Quicksilver Inc.: Price ($) Dividend ($) Date December 31, 2004 $15.06 January 26, 2005 $ 16.18 $ 0.09 April 28, 2005 $ 14.77 $ 0.09 July 29, 2005 $ 14.28 $ 0.09 October 28, 2005 $ 17.57 $ 0.09 December 30, 2005 $ 18.11 Assume that you purchased Quicksilver's stock at the closing price on December 31, 2004, and sold it at the closing price on December 30, 2005. Your realized annual return for the year 2005 is closest to
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