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A stock had the following year end prices and dividends: Price Dividend Year $58.27 $-- 0 $67.32 $1.1 1 $61.46 $1.25 2 $69.32 $1.45 3
A stock had the following year end prices and dividends:
Price Dividend Year
$58.27 $-- 0
$67.32 $1.1 1
$61.46 $1.25 2
$69.32 $1.45 3
What was the arithmetic average return for the stock?
A 13.05%
B 7.99%
C 13.14%
D 10.72%
E 8.57%
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