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A stock has had the following year-end prices and dividends: Year Price Dividend $ 1 43.45 48.43 $.72 57.35 75 45.43 .80 52.35 .85 61.43

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A stock has had the following year-end prices and dividends: Year Price Dividend $ 1 43.45 48.43 $.72 57.35 75 45.43 .80 52.35 .85 61.43 93 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 96 Geometric average return 96 NM 456 2 3

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