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

Year	Price	Dividend
1	$ 65.03
2	71.90	$ .74
3	77.70	.79
4	63.97	.85
5	74.51	.94
6	86.75	1.01

What are the arithmetic and geometric returns for the stock? Show STEPS.

Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.

Note: I know the answer is NOT:

Arithmetic Return = 7.54% Geometric Return= 7.60%

These answers were incorrect when I put them in the homework):