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Corporation pays no dividends. The stock price at the end of year 1 is $100, the price is $120 at the end of year 2,
Corporation pays no dividends. The stock price at the end of year 1 is $100, the price is $120 at the end of year 2, and the price is $150 at the end of year 3. The stock price declines to $80 at the end of year 4, and you sell your 100 shares. For the four years, your geometric average return is O 34.5% O 0.0% O 9.2% O 5.7%
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