Question: Calculate the annual arithmetic mean and geometric mean return on the following security, purchase price = $33; first-year dividend = $5; price after one year

Calculate the annual arithmetic mean and geometric mean return on the following security, purchase price = $33; first-year dividend = $5; price after one year = $38; second-year dividend = $5; selling price after two years = $31. (Round intermediate calculations to 3 decimal places, e.g. 15.251% and the final answers to 2 decimal places, e.g. 15.25%.) Arithmetic average return % Geometric mean return % State which method is more appropriate for the situation.

Calculate the annual arithmetic mean and geometric mean return on the following

Calculate the annual arithmetic mean and geometric mean return on the following security, purchase price =$33; first-year dividend =$5; price after one year =$38; second-year dividend =$5; selling price after two years =$31. (Round intermediate calculations to 3 decimal places, e.g. 15.251\% and the final answers to 2 decimal places, e.g. 15.25\%.) State which method is more appropriate for the situation

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