A stock has had the following year end prices and dividends:

Year	Price	Dividend
1	$63.40	----
2	70.20	$.85
3	79.18	.95
4	75.32	1.03
5	84.18	1.11
6	98.62	1.20

What Are the arithmetic and geometric average returns for the stock?

Suppose the returns on long term corporate bonds are normally distibuted. based on historical record what is the approximate probability that your return on these bonds will be less than -2.1 percent in a given year? What range of returns would expect to see 95 percent of the time? What range would you expect to see 99 percent of the time?

PLEASE SHOW WORK AND THE FORMULAS YOU USED