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A stock has had the following year-end prices and dividends: Year Price Dividend 1$43.53 2 48.51 $84 3 57.43 .87 4 45.51 .95 5 52.43
A stock has had the following year-end prices and dividends: Year Price Dividend 1$43.53 2 48.51 $84 3 57.43 .87 4 45.51 .95 5 52.43 1.00 6 61.51 1.08 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
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