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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 65.13 2 72.00 $ .76 3 77.80 .81 4 64.07
A stock has had the following year-end prices and dividends:
| Year | Price | Dividend | ||||
| 1 | $ | 65.13 | ||||
| 2 | 72.00 | $ | .76 | |||
| 3 | 77.80 | .81 | ||||
| 4 | 64.07 | .87 | ||||
| 5 | 74.71 | .96 | ||||
| 6 | 87.75 | 1.03 | ||||
What are the arithmetic and geometric returns for the stock?
Arithmetic average return %
Geometric average return %
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Investment Management
Authors: Stephen Lofthouse
2nd Edition
047149237X, 9780471492375
