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Suppose you are given the following end of year price and dividend information for Johnson and Johnson stock.Calculate the arithmetic average return.(Enter percentages as decimals
Suppose you are given the following end of year price and dividend information for Johnson and Johnson stock.Calculate the arithmetic average return.(Enter percentages as decimals and round to 4 decimals).
Year
2005
2006
2007
2008
2009
2010
2011
2012
Price
61.85
65.91
67.62
57.66
62.95
62.18
64.68
69.8
Div
1.31
1.46
1.62
1.79
1.93
2.11
2.25
2.4
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