Question
Over the past four years a stock had prices of $15.40, $15.85, $16.30, and $15.70, respectively. The stock pays an annual dividend of $.50 a
Over the past four years a stock had prices of $15.40, $15.85, $16.30, and $15.70,
respectively. The stock pays an annual dividend of $.50 a share. What is the geometric
average return on this stock?
I am using the formula: ((1+R1)*(1+R2)*...*(1+Rt))^(1/t)-1
I am confused where do I plug in the dividend?
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Finance Operations
Authors: Charles Finley
1st Edition
1491292423, 978-1491292426
