Use the Table for the Question(s)below

question 48

Multiple Choice

Use the table for the question(s) below.
Consider the following price and dividend data for General Electric Company:
-Assume that you purchased General Electric Company stock at the closing price on December 31,2008 and sold it after the dividend had been paid at the closing price on January 26,2009.Your total return rate (yield) for this period is closest to:

• A)0.75%.
• B)-8.80%.
• C)0.70%.
• D)-8.13%.