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Problem 10-21 Arithmetic and Geometric Returns [LO 1] A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.98 2
Problem 10-21 Arithmetic and Geometric Returns [LO 1]
A stock has had the following year-end prices and dividends: |
Year | Price | Dividend | ||
1 | $ 64.98 | |||
2 | 71.85 | $ .73 | ||
3 | 77.65 | .78 | ||
4 | 63.92 | .84 | ||
5 | 74.41 | .93 | ||
6 | 86.25 | 1.00 | ||
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
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