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Calculating the geometric and arthmetic average rate of return) The common stock of the langus Cattle Company had the following end of year stock prices

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Calculating the geometric and arthmetic average rate of return) The common stock of the langus Cattle Company had the following end of year stock prices over the last five years and paid no cash didende Time Brangus Cattle Comapny 1 $14 2 9 3 11 23 5 26 a. Calculate the annual rate of retum for each year from the above information b. What is the arithmetic average rate of return camed by Investing in Brangus Cattle Company's stock over this period? c. What is the geometric average rate of retum earned by investing in Brangus Cattle Company's stock over this period? d. Which type of average rate of retum best describes the average annual rate of returneamed over the period (the arithmetic or geometric)? Why? a. The annual rate of return at the end of year 2Round to two decimal places) The annual rate of return at the end of you 30% (Round to two decimal places) The annual rate of return at the end of year 4 is (Round to two decimal places) The annual rate of return at the end of year is Round to two decimal places b. The arithmetic average rate of returneamed by investing in Bangas Cantie Company's stock over this periodis (Round to two decimal places)

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