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A stock has had the following year-end prices and dividends: Year Price ($) Dividend ($) 1 91.65 - 2 94.16 1.37 3 92.25 1.17 4
- A stock has had the following year-end prices and dividends:
Year | Price ($) | Dividend ($) |
1 | 91.65 | - |
2 | 94.16 | 1.37 |
3 | 92.25 | 1.17 |
4 | 94.45 | 1.73 |
5 | 96.26 | 1.5 |
6 | 95.12 | 1.84 |
What is the geometric average return for the stock? Answer as a percentage to two decimals (if you get -0.0435, you should answer -4.35).
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