tock price of ABC company at the end of 2018 was $85. In 2019 the quarter end stock prices are $94, $80, $75, and $70 for the 1st, 2nd, 3rd, and 4th quarters respectively. If company pays $4.8 dividend at the end of each quarter what is the annual return for 2019?

tock price of ABC company at the end of 2018 was $85. In 2019 the quarter end stock prices are $94, $80, $75, and $70 for the 1st, 2nd, 3rd, and 4th quarters respectively. If company pays $4.8 dividend at the end of each quarter what is the annual return for 2019?

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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Question

Stock price of ABC company at the end of 2018 was $85. In 2019 the quarter end stock prices are $94, $80, $75, and $70 for the 1st, 2nd, 3rd, and 4th quarters respectively. If company pays $4.8 dividend at the end of each quarter what is the annual return for 2019?

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