A stock has had the following year-end prices and dividends: Year _________Price _________Dividend 1 .................. $ 99.15

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A stock has had the following year-end prices and dividends:

Year _________Price _________Dividend

1 .................. $ 99.15 ................ -

2 ................... 107.11 ............ $1.60

3 .................... 91.65 ............... 2.00

4 .................. 127.16 ............... 2.20

5 .................. 162.15 ............... 2.60

6 .................. 192.60 ............... 3.00

What are the arithmetic and geometric returns for the stock?

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Related Book For  book-img-for-question

Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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