any dividends.$)$

c$.$ Compute a three$-$year rate of return spanning the entire period $($i$.$e$.,$ using the ending price for period $1$ and ending price for period $4).$

d$.$ Since the rate of return calculated in part $c$ is a three$-$year rate of retum, convert it to an annual rate of return by using the following equation$-$

$([1+],[$ Rate $of$ Return $])=([$ Three$-$Year $],[$ Annual Rate $],[of$ Return $]{)}^3$

average rate of return $($arithmetic or geometric$)$ should you use? Why?

a$.$ Enter the annual rate of return for each year for Harris in the table below. $($Round to two decimal places.$)$

Enter the annual rate of return for each year for Pinwheel in the table below. $($Round to two decimal places.$)$

b$.$ The arithmetic average rate of return earned by investing in Harris stock over this period is $26\mathrm{.}97\%.($Round to two decimal places.$)$

The arithmetic average rate of return earned by investing in Pinwheel stock over this period is

$\%.($Round to two decimal places.$)$

The geometric average rate of return earned by investing in Harris stock over this period is

$\%.($Round to two decimal places.$)$

The geometric average rate of return earned by investing in Pinwheel stock over this period is $3\mathrm{.}08\%.($Round to two decimal places.$)$

c$.$ The three$-$year rate of return spanning the entire period for Harris is

$\%.($Round to two decimal places.$)$

The three$-$year rate of return spanning the entire period for Pinwheel is

$\%.($Round to two decimal places.$)$

d$.$ The annual rate of return converted from the three$-$year rate in part c for Harris is

$\%.($Round to two decimal places.$)$