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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $43.45 23456 2 48.43 $ .72 3 57.35 .75 4

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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $43.45 23456 2 48.43 $ .72 3 57.35 .75 4 45.43 .80 5 52.35 .85 6 61.43 .93 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return Geometric average return % de de %

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