The following table provides prices and dividends paid for one share of Able Corporation. Assume that 1000 shares are purchased on 01/01/2008. Assume also that all dividends received are reinvested into new shares. Find the annual geometric return over the three-year period. Show all workings.

Date	Able Share Price	Dividends Per Share
1/01/2008	11.40	0.40
31/12/2008	12.64	0.42
31/12/2009	10.22	0.45
31/12/2010	12.88	0.50

The first dividend cant be used as we are not going to receive it and hence reinvestment will start from the second dividend.

GAR= 8.18% This is the answer, but I dont know how to get it.