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A stock has had the following year-end prices and dividends: Year Price ($) Dividend ($) 1 93.42 - 2 95 1.27 3 96.57 1.46 4
- A stock has had the following year-end prices and dividends:
Year | Price ($) | Dividend ($) |
1 | 93.42 | - |
2 | 95 | 1.27 |
3 | 96.57 | 1.46 |
4 | 93.99 | 1.58 |
5 | 94.13 | 1.9 |
6 | 95.37 | 1.72 |
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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