A stock has had the following year-end prices and dividends: Year Price Dividend 1.................$73.18...........................- 2.................77.98........................$ 1.15 3.................69.13...........................1.25

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A stock has had the following year-end prices and dividends:

Year Price Dividend

1.................$73.18...........................-

2.................77.98........................$ 1.15

3.................69.13...........................1.25

4.................84.65...........................1.36

5.................91.37...........................1.47

6.................103.66.........................1.60

What are the arithmetic and geometric returns for the stock?

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Related Book For  book-img-for-question

Corporate Finance

ISBN: 978-0077861759

11th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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