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Holt Mcdougal Larson Pre-algebra: Student Edition 2012

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 23E

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Question

Using the data in the table to the right, calculate the return for
investing in the stock from January 1 to December 31. Prices
are after the dividend has been paid. (Click on the following
icon e in order to copy its contents into a spreadsheet.)
Date
Price
Dividend
$33.24
$32.98
$30.09
$30.44
$37.11
$43.75
Jan 1
$0.18
$0.19
$0.22
Feb 5
May 14
Aug 13
Nov 12
$0.21
Dec 31
Return for the entire period is
%. (Round to two decimal places.)

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