Question
Can someone show your work and show me how to do these so I can understand better, please? Lowes stock was priced at $22.80, $24.15,
Can someone show your work and show me how to do these so I can understand better, please?
Lowes stock was priced at $22.80, $24.15, $23.99, and $24.26 at end of Years 1 to 4, respectively. The annual dividend is constant at $.20 a share. What is the geometric average return on this stock?
2.94 percent
3.02 percent
1.30 percent
2.97 percent
2.52 percent
Lowes stock had returns of 14 percent, 6 percent, 13 percent, 11 percent, and 2 percent over the past five years. What is the geometric average return for this time period?
4.00 percent
3.56 percent
3.82 percent
7.52 percent
3.19 percent
Lowes purchased 100 shares of stock in XYZ Co. at a price of $44.05 a share six months ago. XYZ stock pays a quarterly dividend of $.10 a share. Today, you sold all your shares for $45.13 per share. What is the total amount of your capital gains on this investment?
$1.48
$1.08
$124.00
$108.00
$128.00
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