A stock has had the following year-end prices and dividends: What are the arithmetic and geometric average

Question:

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

Price Year Dividend $63.40 $.85 .95 1.03 70.20 3 79.18 75.32 84.18 4 1.11 98.62 1.20


What are the arithmetic and geometric average returns for the stock?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

Question Posted: