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5. A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.73 2 71.60 $ 0.68 3 77.40 0.73 4
5.
A stock has had the following year-end prices and dividends: |
Year | Price | Dividend | ||
1 | $ 64.73 | |||
2 | 71.60 | $ 0.68 | ||
3 | 77.40 | 0.73 | ||
4 | 63.67 | 0.79 | ||
5 | 73.91 | 0.88 | ||
6 | 83.75 | 0.95 |
Required: |
What are the arithmetic and geometric returns for the stock?(Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimalplaces(e.g., 32.16).) |
Arithmetic average return | % |
Geometric average return | % |
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