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Question 1 (1 point) A stock was trading at $115.20 at the end of year 1. It was trading at the end of year 2

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Question 1 (1 point) A stock was trading at $115.20 at the end of year 1. It was trading at the end of year 2 at $108.50 immediately after giving a dividend of $3.20. At the end of year 3. it was trading at $118.70 immediately after giving a dividend of $3.40. Finally, it was trading at $128.80 at the end of year 4 without giving out any dividend. What was the arithmetic average annual return of this stock for the three years between years 1 and 4? 5.85% 6.00% 6.15% 6.30% 6.45%

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