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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.83 2 71.70 $ 0.70 3 77.50 0.75 4 63.77
A stock has had the following year-end prices and dividends: |
Year | Price | Dividend | ||
1 | $ 64.83 | |||
2 | 71.70 | $ 0.70 | ||
3 | 77.50 | 0.75 | ||
4 | 63.77 | 0.81 | ||
5 | 74.11 | 0.90 | ||
6 | 84.75 | 0.97 | ||
Required: |
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) |
Arithmetic average return | % |
Geometric average return | % |
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