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A stock has had the following year-end prices and dividends: Year Price 1 $99.15 Dividend 2 107.11 $1.60 2.00 2.20 2.60 3.00 4 5 6
A stock has had the following year-end prices and dividends:
Year Price 1 $99.15 Dividend 2 107.11 $1.60 2.00 2.20 2.60 3.00 4 5 6 91.65 127.16 162.15 192.60 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 returnStep by Step Solution
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