From the year-end prices and dividends below, compute the arithmetic and geometric average returns for the stock. Hint: compute the holding period returns first (there will only be 5 holding period returns).

From the year-end prices and dividends below, compute the arithmetic and geometric average returns for the stock. Hint: compute the holding period returns first (there will only be 5 holding period returns). be olding period returns) Period Dividend Holding Period Return Stock Price $43.15 48.13 57.05 45.13 52.05 61.13 $.45 .49 .55 62 68 4 Arithmetic Average Geometric Average