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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 73.20 2 81.27 $ 1.05 3 90.37 1.15 4 86.18
A stock has had the following year-end prices and dividends: |
Year | Price | Dividend |
---|---|---|
1 | $ 73.20 | |
2 | 81.27 | $ 1.05 |
3 | 90.37 | 1.15 |
4 | 86.18 | 1.26 |
5 | 95.68 | 1.39 |
6 | 112.32 | 1.53 |
What are the arithmetic and geometric average returns for the stock? |
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