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A stock had the following year-end prices and dividends: Dividend Year 0 1 2 Price $59.95 71.16 62.58 72.40 $1.24 1.53 1.59 3 What was

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A stock had the following year-end prices and dividends: Dividend Year 0 1 2 Price $59.95 71.16 62.58 72.40 $1.24 1.53 1.59 3 What was the arithmetic average return for the stock? Multiple Choice 16.30% 12.12% 8.76% 16.21% 9.70%

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