Given the data in the following table, calculate the returns for each year on a single share in a company that is purchased on 31 December 2012 for a price of 100 pence and then held for four years. Next, calculate the total return over the whole period and the annualised average return.
Date Price Dividend 31 Dec 2012 100p -
31 Dec 2013 120p 10p 31 Dec 2014 130p 10p 31 Dec 2015 140p 10p 31 Dec 2016 167p 10p