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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.78 2 71.65 $ 0.69 3 77.45 0.74 4 63.72
A stock has had the following year-end prices and dividends:
Year | Price | Dividend | ||
1 | $ 64.78 | |||
2 | 71.65 | $ 0.69 | ||
3 | 77.45 | 0.74 | ||
4 | 63.72 | 0.80 | ||
5 | 74.01 | 0.89 | ||
6 | 84.25 | 0.96 | ||
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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