Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

At the beginning of the year, you purchased a share of stock for $42. Over the year the dividends paid on the stock were $2.50 per share.

a. Calculate the return if the price of the stock at the end of the year is $37. (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places. (e.g., 32.16))
b. Calculate the return if the price of the stock at the end of the year is $47. (Round your answer to 2 decimal places. (e.g., 32.16))