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The historical stock prices and dividend payments for aMadeUPstock are provided below. Date Price ($) Dividend ($) Jan 2017 83.62 0.00 Jan 2018 89.91 0.40

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The historical stock prices and dividend payments for aMadeUPstock are provided below. Date Price ($) Dividend ($) Jan 2017 83.62 0.00 Jan 2018 89.91 0.40 Jan 2019 84.55 0.40 Jan 2020 92.50 0.40 Using the information provided above, what is the arithmetic mean return (inclusive of dividends)? 2.7% 11.0% 4.1% 3.7%

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