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You bought a stock for a $100. Prices and dividends year endings 1,2 and 3 are given. Price Dividend Year end Year end 1
You bought a stock for a $100. Prices and dividends year endings 1,2 and 3 are given. Price Dividend Year end Year end 1 2 3 100 110 107 0 0 3 A. Calculate the average annual arithmetic return. (1 point) B. Calculate the average annual geometric (compounded return) (1 point)
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Survey of Accounting
Authors: Carl S. Warren
8th edition
1305961889, 978-1337517386, 1337517380, 978-1305961883
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