Use the Table for the Question(s) Below -Assume That You Purchased Cockatoo Shares at the Closing Price

question 14

Multiple Choice

Use the table for the question(s) below.
Consider the following price and dividend data for Cockatoo Limited:
$\begin{array} { l c c } \hline \text { Date } & \text { Price (\$) } & \text { Dividend (\$) } \\\hline \text { December 31, 2011 } & \$ 14.64 & \\\hline \text { January 26, 2012 } & \$ 13.35 & \$ 0.10 \\\hline \text { April 28, 2012 } & \$ 9.14 & \$ 0.10 \\\hline \text { July 29, 2012 } & \$ 10.74 & \$ 0.10 \\\hline \text { October 28, 2012 } & \$ 8.02 & \$ 0.10 \\\hline \text { December 30, 2012 } & \$ 7.72 & \\\hline\end{array}$
-Assume that you purchased Cockatoo shares at the closing price on 31 December 2011 and sold it at the closing price on 30 December 2012. Your realised annual return for the year 2012 is closest to:

• A) -45.1%
• B) -48.5%
• C) -47.3%
• D) -44.5%

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Definitions:

Secondary Palate

Roof of the mouth in the early embryo that gives rise to the hard and the soft palates.

Cleft Palate

Failure of the embryonic palate to fuse along the midline, resulting in an opening through the roof of the mouth.

Central Nervous System

The complex network of neurons and supporting cells that includes the brain and spinal cord, vital for controlling body functions.

Ectoderm

The outermost layer of cells in the early embryo, giving rise to the nervous system and skin.