If a stock pays dividends at the end of each quarter, with realized returns of R1, R2, R3, and R4 each quarter, then the annual realized return is calculated as ________.
A) Rannual = (1 + R1) (1 + R2) (1 + R3) ( 1 + R4) - 1
B) Rannual = R1 + R2 + R3 + R4
C) Rannual = (1 + R1) (1 + R2) ( 1 + R3) ( 1 + R4)
D) Rannual =
Correct Answer:
Verified
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