A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 63.40 - 2 70.20 $ .85 3 79.18 .95 4 75.32 1.03 5 84.18 1.11 6 98.62 1.20 What are the arithmetic and geometric average returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Answer rating: 100% (QA)

Year Year end price Dividend Annual return 1 ... View the full answer