Assume that you purchased one share of XYZ on the last day of Year 1 and sold that share on the last day of Year 6. Based on the series of stock prices and dividends (you can assume dividends are paid on the date), compute the following:

Date (year-end) Stock price (XYZ) Dividend per share

1 $123.50 --

2 $154.63 --

3 $165.32 $4.00

4 $162.30 $1.23

5 $178.63 --

6 $185.50 $3.23

The total return on your investment

The average arithmetic annual return

The annual geometric return

The sample variance of your annual returns

What percent of your total return is earned through capital gains?