Using the data in the following table, calculate the return for investing in Boeing stock (BA) from January 2, 2008, to January 2, 2009, and also from January 3, 2011, to January 3, 2012, assuming all dividends are reinvested in the stock immediately.
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Historical Stock and Dividend Data for Boeing
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Date
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Price
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Dividend
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Date
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Price
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Dividend
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1/2/2008
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86.62
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1/3/2011
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66.40
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2/6/2008
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79.91
|
0.40
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2/9/2011
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72.63
|
0.42
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5/7/2008
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84.55
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0.40
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5/11/2011
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79.08
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0.42
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8/6/2008
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65.40
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0.40
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8/10/2011
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57.41
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0.42
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11/5/2008
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49.55
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0.40
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11/8/2011
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66.65
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0.42
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1/2/2009
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45.25
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1/3/2012
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74.22
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