Reference no: EM13919722
Using the data in the following table, calculate the return for investing in Boeing stock fro January 2, 2008, to January 2, 2009, January 3,2011, to January 3, 2012, assuing all dividends are reinvested in the stock immediately.
Date Price Dividend Date Price Dividend
1/2/2008 86.62 1/3/2011 66.40
2/6/2008 79.91 0.40 2/9/2011 72.63 0.42
5/7/2008 84.55 0.40 5/11/2011 79.08 0.42
8/6/2008 65.40 0.40 8/10/2011 57.41 0.42
11/5/2008 49.55 0.40 11/8/2011 66.65 0.42
1/2/2009 45.25 1/3/2012 74.22
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