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5. From the year-end prices and dividends below, compute the arithmetic and geometric average returns for the stock. Hint: compute the holding period returns first

5. From the year-end prices and dividends below, compute the arithmetic and geometric average returns for the stock. Hint: compute the holding period returns first (there will only be 5 holding period returns).

Period Stock Price Dividend Holding Period Return
1 $43.15
2 $48.13 $0.45
3 $57.05 $0.49
4 $45.13 $0.55
5 $52.05 $0.62
6 $61.13 $0.68

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