1. Suppose you buy 100 shares of Applied Materials Corporation at the beginning of year 1 for $42. Applied Materials Corporation pays no dividends. The stock price at the end of year 1 is $46, the price is $54 at the end of year 2, and the price is $62 at the end of year 3. The stock price declines to $59 at the end of year 4 , and you sell your 100 shares. Your geometric average return for the four-years period is 2. Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $42. At the end of year 1 , you receive a $2 dividend, and buy one more share for $46. At the end of year 2, you receive total dividends of $4 (i.e., $2 for each share), and sell the shares for $54.00 each. The arithmetic average return on your investment is 3. Suppose you purchase one share of the stock of Red Devil Corporation at the beginning of year 1 for $42. At the end of year 1 , you receive a $2 dividend, and buy one more share for $46. At the end of year 2, you receive total dividends of \$4 (i.e., \$2 for each share), and sell the shares for $54.00 each. The dollar-weighted average return on your investment is