What is your realized annual return on the stock

Reference no: EM133609805

Question: You have gathered the following data for a Intel's stock that pays a quarterly dividend: Date Price ($) Dividend ($) December 31, 2020 $51.15 January 26, 2021 $37.1 $1.06 April 28, 2021 $48.84 $1.06 July 29, 2021 $56.6 $1.06 October 28, 2021 $60.47 $1.06 December 30, 2021 $71.7 Assume that you purchased this Intel stock at the closing price on December 31, 2020, immediately reinvested dividends in additional shares of the stock, and sold it at the closing price on December 30, 2021. What is your realized annual return on the stock for the year 2021?

Reference no: EM133609805

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