Question: 21. Page 345 Arithmetic and Geometric Returns. A stock has had the following year-end prices and dividends: Year Price Dividend 1 $58.27 2 67.32 $1.10

21.

Page 345Arithmetic and Geometric Returns. A stock has had the following year-end prices and dividends:

Year

Price

Dividend

1

$58.27

2

67.32

$1.10

3

61.46

1.25

4

69.32

1.45

5

75.18

1.60

6

84.32

1.75

What are the arithmetic and geometric returns for the stock?

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