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Calculate the annual arithmetic mean and geometric mean return on the following security, purchase price = $43; first-year dividend =$5; price after one year =$48;
Calculate the annual arithmetic mean and geometric mean return on the following security, purchase price = $43; first-year dividend =$5; price after one year =$48; second-year dividend =$5; selling price after two years =$41. (Round intermediate calculations to 3 decimal places, e.g. 15.251% and the final answers to 2 decimal places, e.g. 15.25\%.) State which method is more appropriate for the situation. Attempts: 0 of 3 used Using multiple attempts will impact your score
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