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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.
Historical Stock and Dividend Data for Boeing
Date
Price
Dividend
1/2/2008
86.62
1/3/2011
66.40
2/6/2008
79.91
0.40
2/9/2011
72.63
0.42
5/7/2008
84.55
5/11/2011
79.08
8/6/2008
65.40
8/10/2011
57.41
11/5/2008
49.55
11/8/2011
66.65
1/2/2009
45.25
1/3/2012
74.22
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