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Category > Business & Finance Posted 07 Jun 2017 My Price 7.00

The following table contains prices and dividends for a stock

The following table contains prices and dividends for a stock. All prices are after the dividend has been paid. If you bought the stock on January 1 and sold it on December 31, what is your realized return?

	Price	Dividend
1-Jan	9.98
31-Mar	10.98	0.23
30-Jun	10.48	0.23
30-Sep	11.08	0.23
31-Dec	10.98	0.23

I got 19.2%. But I don't think I did the calculation correctly. Here is my work:

Return = ((.23*4) +(10.98-9.98))*365 / (9.98*365)

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Status NEW Posted 07 Jun 2017 07:06 AM My Price 7.00

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