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The following table shows historical beginning-of-year prices for two stocks. A Year 2015 2016 2017 2018 2019 2020 2021 2022 2023 1 2 3

The following table shows historical beginning-of-year prices for two stocks. A Year 2015 2016 2017 2018 2019 2020 2021 2022 2023 1 2 3 4 5 6 7 8 9 10 B Stock A C Stock B 578.37 571.38 595.59 34.81 32.88 32.25 34.66 618.78 32.36 543.83 34.13 531.19 29.71 489.87 29.74 587.89 30.62 641.27 Calculate the annual returns. What was the arithmetic average annual return for stock B?

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