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Question 15 (1 point) A stock was trading at $120.15 at the end of year 1. It was trading at the end of year 2
Question 15 (1 point) A stock was trading at $120.15 at the end of year 1. It was trading at the end of year 2 at $113.45 immediately after giving a dividend of $4.10. At the end of year 3. it was trading at $123.65 immediately after giving a dividend of $4.30. Finally, it was trading at $133.75 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? 6.11% 6.26% 6.42% 6.57% 6.73%
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