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A stock has the following year end price; 2009=$41, 2010=$43, 2011=$45, 2012=$39, 2013=$36. The stock paid the following dividends; 2010=$1, 2011=$1.50, 2012=$2, 2013=$2.50. What is
A stock has the following year end price; 2009=$41, 2010=$43, 2011=$45, 2012=$39, 2013=$36. The stock paid the following dividends; 2010=$1, 2011=$1.50, 2012=$2, 2013=$2.50. What is the geometric average return?
a. 1.08%
b. 1.44%
c. 1.04%
d. 1.32%
show formula and all work in excel
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