Finding the closing price of the shares


Response to the following problem:

Choose a publicly traded company that has been listed on the ASX for at least five years. Use any data source of your choice to find the annual cash dividend, if any, paid by the company in each of the past five calendar years. Also find the closing price of the shares at the end of each of the preceding six years.

a. Calculate the return for each of the five one-year periods.

b. Graph the returns on a set of year (x-axis)-return (y-axis) axes.

c. On the basis of the graph in part b, estimate the return for the coming year, and explain your answer.

 

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Financial Accounting: Finding the closing price of the shares
Reference No:- TGS02121524

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