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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 65.03 2 71.90 $ .74 3 77.70 .79 4 63.97
A stock has had the following year-end prices and dividends:
Year | Price | Dividend | ||||
1 | $ | 65.03 | ||||
2 | 71.90 | $ | .74 | |||
3 | 77.70 | .79 | ||||
4 | 63.97 | .85 | ||||
5 | 74.51 | .94 | ||||
6 | 86.75 | 1.01 | ||||
What are the arithmetic and geometric returns for the stock?
Arithmetic average return | % |
Geometric average return | % |
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