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Question 5 The following year-end price and dividend data was found for ABC Co. Year Closing Price Dividend 2020 $312.68 $2.63 2019 $309.44 $1.31 2018

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Question 5 The following year-end price and dividend data was found for ABC Co. Year Closing Price Dividend 2020 $312.68 $2.63 2019 $309.44 $1.31 2018 $312.05 $0.95 2017 $275.76 $0.21 2016 $283.48 $0.86 2015 $256.03 $0.45 The arithmetic average rate of return over this period is: 4.8385 4.134 04.076 04.679%

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