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A stock has had the following year-end prices and dividends: Year Price ($) Dividend ($) 1 91.76 - 2 91.72 1.17 3 95.56 1.12 4
- A stock has had the following year-end prices and dividends:
Year | Price ($) | Dividend ($) |
1 | 91.76 | - |
2 | 91.72 | 1.17 |
3 | 95.56 | 1.12 |
4 | 96.74 | 1.35 |
5 | 95.22 | 1.79 |
6 | 96.51 | 1.78 |
What is the geometric average return for the stock? Answer as a percentage to two decimals (if you get -0.0435, you should answer -4.35).
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