urgentTTTT
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. Date Price Dividend Jan 1 $ 34.93 minus Feb 5 $ 31.39 $ 0.17 May 14 $ 30.57 $ 0.21 Aug 13 $ 33.98 $ 0.21 Nov 12 $ 39.74 $ 0.19 Dec 31 $ 41.17 minus Return for the entire period is nothing%. (Round to two decimal places.)
Your final answer is: 20.63%. Please enter 20.63 in the answer box.
Holding period return for the period 1, HPR1 = (P1 + D1) / P0 - 1
I have extended the same formula to get the return of each period.
Return for the entire period = (1 + HPR1)(1 + HPR2)......- 1
Please see the table below. The last row highlighted in yellow is your answer. Figures in parenthesis, if any, mean negative values. All financials are in $. Adjacent cells in blue contain the formula in excel I have used to get the final output.
Get Answers For Free
Most questions answered within 1 hours.