(Answered) You are given the following end of year price and dividend

Statistics

You are given the following end of year price and dividend information for Johnson and Johnson stock. Assume that an investor invested $1 in 2005, calculate the value of this investment at the end of 2012. (Round to 4 decimals).

Year Price Div

2005 61.85 1.31

2006 65.91 1.46

2007 67.62 1.62

2008 57.66 1.79

2009 62.95 1.93

2010 62.18 2.11

2011 64.68 2.25

2012 69.8 2.4

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