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. Return for the entire period is. (Rourd to two decimal places.) Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $34.01 $29.79 $28.38 $33.82 $37.51 $41.91 CIT Dividend $0.21 $0.21 $0.18 $0.21
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. Return for the entire period is. (Rourd to two decimal places.) Date Jan 1 Feb 5 May 14 Aug 13 Nov 12 Dec 31 Price $34.01 $29.79 $28.38 $33.82 $37.51 $41.91 CIT Dividend $0.21 $0.21 $0.18 $0.21
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
Section: Chapter Questions
Problem 1PS
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![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.
Return for the entire period is%. (Rourd to two decimal places.)
Date
Jan 1
Feb 5
May 14
Aug 13
Nov 12
Dec 31
Price
$34.01
$29.79
$28.38
$33.82
$37.51
$41.91
Dividend
$0.21
$0.21
$0.18
$0.21](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F0eeaddda-fee6-48be-a396-5a9db7eb239f%2Fc203a8ce-ff95-4c7a-94b5-ee0a347161bb%2Ff7i5r1_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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.
Return for the entire period is%. (Rourd to two decimal places.)
Date
Jan 1
Feb 5
May 14
Aug 13
Nov 12
Dec 31
Price
$34.01
$29.79
$28.38
$33.82
$37.51
$41.91
Dividend
$0.21
$0.21
$0.18
$0.21
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