Ursidae Corp's common stock was worth $50/share at the end of
December, $55/share at the end of January, $50/share at the end
of February, and $27/share at the end of March. There was a $10
dividend paid in February, and a 2-for-1 stock split in March.
Compute the three monthly returns for Ursidae Corp.
solution
Phil Dybvig
I invite you to work on this in-line exercise. Press
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do not finish, I suggest working on the problem before
looking at the answer. Then the answer will mean more to
you because you will see where you got stuck.