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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.53 2 71.40 $ 0.64 3 77.20 0.69 4 63.47
A stock has had the following year-end prices and dividends: |
Year | Price | Dividend | ||
1 | $ 64.53 | |||
2 | 71.40 | $ 0.64 | ||
3 | 77.20 | 0.69 | ||
4 | 63.47 | 0.75 | ||
5 | 73.51 | 0.84 | ||
6 | 81.75 | 0.91 | ||
Required: |
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) |
Arithmetic average return | % |
Geometric average return | % |
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