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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?
?Hint: Make sure to round all intermediate calculations to at least five decimal places.
Price Dividend
Jan 1 9.94
Mar 31 10.94 0.16
Jun 30 10.44 0.16
Sep 30 11.04 0.16
Dec 31 10.94 0.16
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