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Stock price 1 2 / 3 1 / 2 0 1 6 : $ 5 6 . 1 7 Stock price 1 2 / 3

Stock price 12/31/2016: $ 56.17Stock price 12/31/2022: $110.95Annual dividends per share:2017 $1.802020 $2.372018 $1.902021 $2.612019 $2.162022 $2.80Using Excel, find the average annual rate of return for holding Merck stock from 2016-2022.

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