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(calculating the geometric and arithmetic average rate of return) The common stock of the Brangus Cattle Company had the following end-of-year stock prices over the

(calculating the geometric and arithmetic average rate of return) The common stock of the Brangus Cattle Company had the following end-of-year stock prices over the last five years and paid no cash dividends:

Time Brangus cattle Company
1 $16
2 12
3 13
4 22
5 28

a. Calcuate the annual rate of return for each year from teh above information ndof year 2, end of year 3, end of year 4 is, end of year 5 is %. b. What is the arithmetic average rate of return earned by investing in Brangus Cattle Company's stock over this period? c. The geometic average rate of return of earned by investing in Brangus Cattle Company's stock over this period? D. which type of aveage rate of return best describes teh average annual rate of return earned over the period (arithmetic or geometric) Why?

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