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(b) Use the adjusted close to calculate the return over the last four years from the 31st of October 2018 to the 31st of October

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(b) Use the adjusted close to calculate the return over the last four years from the 31st of October 2018 to the 31st of October 2022 and report the result. What is the annualized return (geometric average of returns) over this period?

The following table shows the closing stock price of TotalEnergies SE and the adjusted close; that is, the price adjusted for dividends and stock splits: (a) (0.75 points) What was the stock's total return between the 31st of October 2021 and the 31st of October 2022 and what was the capital gain? (Note: TotalEnergies SE has done no stock split in the past five years and the adjusted close thus only reflects dividend payments.)

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