Intro You've recorded the following prices and dividend payments for a stock: Date Stock price...

80.2K

Verified Solution

Question

Finance

image
Intro You've recorded the following prices and dividend payments for a stock: Date Stock price Dividend 1/2 39.28 4/1 39.44 0.65 7/1 37.86 0.65 10/1 40.07 0.65 1/2 40.26 0.65 You bought the stock at on Jan. 2 of the first year and sold it on Jan. 2 of the next year, just after the dividend payment, and reinvested all dividends in the meantime. IB | Attempt 1/10 for 10 pts. Part 1 What was your realized return over the year? 3+ decimals Submit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students