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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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