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3 Cateulating the geometric and arithmetic average rate of return) The common stock of the Brangus Cate Company had the following end of year stock

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3 Cateulating the geometric and arithmetic average rate of return) The common stock of the Brangus Cate Company had the following end of year stock prices over the last five years and paid no can dividends Time Brangus Cattle Comapny 512 2 12 13 4 24 5 28 Conte con order to copy contents into a spreadsheet) a. Calculate the annual rate of rotumn for each year from the above information b. What is the antiverage rate of returned by investing in Brangus Canile Company's stock over this period? What is the geometric areas rate of retum med by investing in Brangus Case Company's stock over this period? d. Which type of average rate of totum best debes the average annual rate of returneamed over the period the anthmetic or geometricy? Why

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