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You a portfolio manager. You have been provided the following information on stock prices and dividends. Year Share Price Dividend Per Share 1 12.57 -
You a portfolio manager. You have been provided the following information on stock prices and dividends.
Year | Share Price | Dividend Per Share |
1 | 12.57 | - |
2 | 12.90 | 0.30 |
3 | 12.26 | 0.31 |
4 | 14.08 | 0.33 |
5 | 15.90 | 0.35 |
6 | 17.98 | 0.37 |
7 | 12.62 | 0.39 |
8 | 14.33 | 0.41 |
9 | 6.98 | 0.43 |
10 | 12.23 | 0.45 |
Based on the given information, what is the geometric average return on this stock? Please show all the calculations by which you came up with the final answer. (3 Points)
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