19. Arithmetic and Geometric Returns (LO1, CFA1) A stock has had the following year-end prices and dividends:
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19. Arithmetic and Geometric Returns (LO1, CFA1) A stock has had the following year-end prices and dividends:
Year Price Dividend 0 $13.25 —
1 15.61 $.15 2 16.72 .18 3 15.18 .20 4 17.12 .24 5 20.43 .28 What are the arithmetic and geometric returns for the stock?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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