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Problem 12-16 Arithmetic and Geometric Returns (LO1) A stock has had the following year-end prices and dividends: Price Dividend Year 1 2 3 $ 43.51
Problem 12-16 Arithmetic and Geometric Returns (LO1) A stock has had the following year-end prices and dividends: Price Dividend Year 1 2 3 $ 43.51 48.49 57.41 45.49 52.41 61.49 $0.81 0.84 0.95 1.00 1.08 6 What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Round the final answers to decimal places.) 18.07 Arithmetic return Geometrie return
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