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answer 12 question Given the following information, answer 910-Q11 A stock has had the following year-end prices and annual dividend payments. Year Dividend Price $59.32

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answer 12 question

Given the following information, answer 910-Q11 A stock has had the following year-end prices and annual dividend payments. Year Dividend Price $59.32 $61.43 $51.50 $65.19 $74.86 $64.13 $0.89 $0.93 $0.31 $1.33 0.73 11. What is the arithmetic average of the stock? (Hint: First of all, use stock price and dividend payment to get percentage return in each year. For your reference, the third return should be 27.18 %.) (12pts)

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