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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $43.33 2 48.31 $.54 3 57.23 57 4 45.31 .80 5
A stock has had the following year-end prices and dividends: Year Price Dividend 1 $43.33 2 48.31 $.54 3 57.23 57 4 45.31 .80 5 52.23 85 6 61.31 .93 ces 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 9.94 %
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