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Question 9 (1 point) A stock was trading at $21.85 at the end of year 1. It was trading at the end of year 2

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Question 9 (1 point) A stock was trading at $21.85 at the end of year 1. It was trading at the end of year 2 at $22.18 immediately after giving a dividend of $0.30. At the end of year 3. it was trading at $21.54 immediately after giving a dividend of $0.32. Finally, it was trading at $23.36 at the end of year 4 without giving out any dividend. What was the geometric average annual return of this stock for the three years between years 1 and 4? 2.90% 2.98% 3.06% 3.14% 3.22%

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