Question
A stock has had the following year-end prices and dividends: Year Price Dividend 0 $ 16.75 1 18.93 $ .15 2 19.93 .32 3 18.43
| A stock has had the following year-end prices and dividends: |
| Year | Price | Dividend | |||||||||
| 0 | $ | 16.75 | |||||||||
| 1 | 18.93 | $ | .15 | ||||||||
| 2 | 19.93 | .32 | |||||||||
| 3 | 18.43 | .34 | |||||||||
| 4 | 20.77 | .35 | |||||||||
| 5 | 23.88 | .42 | |||||||||
| What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. |
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ISE Foundations Of Financial Management
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
18th International Edition
1265074658, 9781265074654
