A stock had returns of 14.78 percent (1 year ago), -28.75 percent (2 years ago), X (3 years ago), and 23 percent (4 years ago) in each of the past 4 years. Over the past 4 years, the geometric average annual return for the stock was 7.64 percent. What was the arithmetic average annual return for the stock over the past 4 years? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098.

What was the real rate of return over the past year (from one year ago to today) for a stock if the inflation rate over the past year was 4.1 percent, the risk-free return over the past year was 5.15 percent, the stock is currently priced at 83.26 dollars, the stock was priced at 75.85 dollars 1 year ago, and the stock just paid a dividend of 2.66 dollars? Answer as a rate in decimal format so that 12.34% would be entered as .1234 and 0.98% would be entered as .0098