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7. A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.58 2 71.45 $ .65 3 77.25 .70 4
7. A stock has had the following year-end prices and dividends:
Year | Price | Dividend | ||||
1 | $ | 64.58 |
|
|
| |
2 |
| 71.45 |
| $ | .65 |
|
3 |
| 77.25 |
|
| .70 |
|
4 |
| 63.52 |
|
| .76 |
|
5 |
| 73.61 |
|
| .85 |
|
6 |
| 82.25 |
|
| .92 |
|
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
|
|
Arithmetic average return | % |
Geometric average return | % |
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