Intro You've recorded the following prices and dividend payments for a stock: Stock price Quarter (end of quarter) 0 1 2 3 4 74.32 112.25 96.54 124.72 84.76 Dividend per share (end of quarter) 3.65 3.65 3.65 3.65 Shares bought or sold (after dividend payment) 4 1 0 -2 نه ين -3 Shares held (before div. payment) 0 4 5 5 3

Definition Definition Percentage gain or loss from a specific investment over time. The rate of return is the difference between the closing and initial values of an investment divided by the initial value of the investment. The closing value includes any intermediate cash flows such as dividends or interest amounts.