Question
A stock has had the following year-end prices and dividends: YEAR PRICE DIVIDEND 1 $65.03 - 2 71.90 $0.74 3 77.70 0.79 4 63.97 0.85
A stock has had the following year-end prices and dividends:
| YEAR | PRICE | DIVIDEND |
| 1 | $65.03 | - |
| 2 | 71.90 | $0.74 |
| 3 | 77.70 | 0.79 |
| 4 | 63.97 | 0.85 |
| 5 | 74.51 | 0.94 |
| 6 | 86.75 | 1.01 |
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places.)
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Financial Management For Decision Making
Authors: Harold Jr. Bierman, Seymour Smidt
1st Edition
1587982129, 9781587982125
