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A stock has had the following year-end prices and dividends: Year Price ($) Dividend ($) 1 92.7 - 2 94.36 1.47 3 93.58 1.34 4

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

Year

Price ($)

Dividend ($)

1

92.7

-

2

94.36

1.47

3

93.58

1.34

4

94.66

1.33

5

95.58

1.57

6

96.64

1.78

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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