A stock is worth $1 at the beginning of the year. At the end of the year and after a reverse stock split of 1:10 and a dividend of $0.03 (before the split), the stock is worth $11. What is the return on the investment? The value of a stock is halved over six month (without stock split and dividends). What is the return on the investment over the six months? What is the annualized return? The value of a stock loses 20% and then gains 20% (without stock split and dividends). What is the average arithmetic return? What is the average geometric return?