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A stock has had the following year-end prices and dividends: Year Price Dividend 0 $ 43.29 - 1 48.27 $ .48 2 57.19 .51 3
A stock has had the following year-end prices and dividends:
Year Price Dividend
0 $ 43.29 -
1 48.27 $ .48
2 57.19 .51
3 45.27 .60
4 52.19 .65
5 61.27 .73
What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Arithmetic average return ? %
Geometric average return ?%
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