Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The common stock of Pfizer Inc. had the following stock prices form 2009 - 2016. Time (years) Annual Dividend (1) End of year prices (P)

image text in transcribed
image text in transcribed
The common stock of Pfizer Inc. had the following stock prices form 2009 - 2016. Time (years) Annual Dividend (1) End of year prices (P) $50.00 2009 $2.33 2010 $57.00 $42 2011 $66.12 54.2 2012 $74.05 $3.88 2013 $70.35 $3.88 2014 $77.39 $415 2015 $80.1 $3 2016 $82 66 $4.5 22. What is the arithmetic average return? * A) 12% OB) 12.27% OC) 10.7% O D) 6.4% O E) None of the above 23. What is the Geometric average return. * O A) 12% B) 12.27% C) 4.8% D) 6.4% O E) None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Hotel Operations Simulation And Auditing Manual

Authors: Gail E. Sammons, Cihan Cobanoglu

1st Edition

0131704613, 978-0131704619

More Books

Students also viewed these Accounting questions

Question

List the benefits of depositary receipts to the investors.

Answered: 1 week ago

Question

3. Identify cultural universals in nonverbal communication.

Answered: 1 week ago