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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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