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A stock hashad the following year-end prices and dividends: Year Price Dividend 1 $60.18 2 73.66 $.60 3 94.18 .64 4 89.35 .72 5 78.49
| A stock hashad the following year-end prices and dividends: |
| Year | Price | Dividend |
| 1 | $60.18 | |
| 2 | 73.66 | $.60 |
| 3 | 94.18 | .64 |
| 4 | 89.35 | .72 |
| 5 | 78.49 | .80 |
| 6 | 95.05 | 1.20 |
The arithmetic and geometric returns for thestock are percent and percent, respectively. |
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Derivatives Markets
Authors: Robert McDonald
3rd Edition
978-9332536746, 9789332536746
