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Question
Consider the following Price and Dividend data for J. P. Morgan Chase:| Date | Price ($) | Dividend ($) |
| December 31, 2008 | $40.06 | |
| February 9, 2009 | $36.80 | $0.50 |
| May 7, 2009 | $30.41 | $0.50 |
| August 10, 2009 | $34.86 | $0.50 |
| November 8, 2009 | $25.86 | $0.50 |
| December 30, 2009 | $18.86 |
Assume that you purchased J. P. Morgan Chase stock at the closing price on December 31, 2008 and sold it at the closing price on December 30, 2009. Calculate your realized annual return is for the year 2005.
Answer
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