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Problem 10-21 Arithmetic and Geometric Returns A stock has had the following year-end prices and dividends: Year Price Dividend $43.55 $ .87 48.53 .90 .95
Problem 10-21 Arithmetic and Geometric Returns A stock has had the following year-end prices and dividends: Year Price Dividend $43.55 $ .87 48.53 .90 .95 1.00 57.45 45.53 52.45 61.53 1.08 What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Arithmetic return 9.6 % Geometric return
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