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The historical stock price of LUNA Inc. is presented in the table below. Assume that Mr. Ziad has conducted the following transactions on LUNA Inc.
The historical stock price of LUNA Inc. is presented in the table below. Assume that Mr. Ziad has conducted the following transactions on LUNA Inc. stock: He buys 3 shares at the beginning of 2018. He buys an additional 7 shares at the beginning of 2019. He sells 4 shares at the beginning of 2020. He sells all 6 shares remaining at the beginning of 2021 Year Price at the beginning of the year Dividend paid at year end 2018 $2 $44 2 2019 76 2020 90 2 2021 2 55 1. What are the arithmetic and geometric average return respectively for Mr. Ziad? A) 46.4%, 70.2% B) 70.29, 46.4% C) (20.5%); (10.7%) D) None of the above
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