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A stock has had the following year-end prices and dividends: Year Price Dividend 0 $43.47 - 1 $48.45 .75 2 $57.37 .78 3 $45.45 .90
A stock has had the following year-end prices and dividends:
Year Price Dividend
0 $43.47 -
1 $48.45 .75
2 $57.37 .78
3 $45.45 .90
4 $52.37 .95
5 $61.45 1.03
What are the arithmetic and geometric average returns for the stock?(%).
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