A stock has had the following year-end prices and dividends: What are the arithmetic and geometric average

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

YEAR PRICE DIVIDEND $53.18 $.95 57.85 64.89 1.15 59.21 1.40 67.83 1.65 74.25 1.85 3. 4.

What are the arithmetic and geometric average returns for the stock?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

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

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