QUESTION: You have owned the stock of Micro Co Ltd for the last five years. Historical data for the stock are as follows:
Market Price of Micro Company's Stock
Year Dividend Income Beginning Ending
2008 $1.00 $30.00 32.50
2009 1.20 32.50 35.00
2010 1.30 35.00 33.00
2011 1.60 33.00 40.00
2012 1.75 40.00 45.00
Required:
1) Calculate the total return (in dollars) for each year.
2) Indicate the level of return you would expect in 2013.