Using the data in the table below calculate the return for investing in the stock from January 1 to December 31. Prices are after the dividend has been paid.
Date Price Dividend
1/2/03 $31.17 -
2/5/03 $30.94 $0.19
5/14/03 $29.82 $0.18
8/13/03 $30.37 $0.17
11/12/03 $36.29 $0.18
1/2/04 $40.63 -
return for the entire period is _________%. (Round to two decimal places.)