Answer:
Annual return for the year 2005 is closest to - 44.32%
Explanation:
Additional information is available on the picture attached
Data given below are from the picture attached
Current value = $ 7.72, Original value = $ 14.87
Dividends earned per quarter = $ 0.14 ⇒Total Dividend earned = $ (0.14 * 4)
Total Dividend earned = $ 0.56
Annual Return = [tex]\frac{Current Value + Total Dividend Earned - Original Value}{Original Value}[/tex] * 100%
Annual Return = [tex]\frac{7.72 + 0.56 - 14.87}{14.87}[/tex] = [tex]\frac{- 6.59}{14.87}[/tex] * 100%
Annual Return = - 44.3174% ≈ - 44.32%
Therefore, annual return for the year 2005 is closest to - 44.32%
