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FIN340 Company Historical Stock Price & Dividend Performance Actual Stock Performance: Stock Price as of Jan. 1 Dec. 31 Annual Dividend Paid 2016 $48.00 $50.40

FIN340 Company Historical Stock Price & Dividend Performance
Actual Stock Performance:
Stock Price as of
Jan. 1 Dec. 31 Annual Dividend Paid
2016 $48.00 $50.40 $3.50
2017 $50.40 $45.36 $3.50
2018 $45.36 $45.81 $3.50
2019 $45.81 $57.26 $3.70
2020 $57.26 $54.40 $3.70
Key Assumptions:
Estimated Future Annual Growth Rate (i.e. Constant Growth Rate): 5.0%
10-Year Treasury Bond Rate = 1.34%
10-Year Market Return Benchmark = 9.50%
FIN340 Company Beta = 1.25

What was the geometric mean return generated by the FN340 company stock between January 1, 2016 - December 31, 2020. Calculate this specific calculation only using stock prices (ignore annual dividends paid).

Input your answer to 1 decimal place (i.e. 12.3) - do not include % signs in your submitted answer.

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