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A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.68 2 71.55 $ 0.67 3 77.35 0.72 4 63.62
A stock has had the following year-end prices and dividends:
Year | Price | Dividend | ||
1 | $ 64.68 | |||
2 | 71.55 | $ 0.67 | ||
3 | 77.35 | 0.72 | ||
4 | 63.62 | 0.78 | ||
5 | 73.81 | 0.87 | ||
6 | 83.25 | 0.94 | ||
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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