$($Calculating the geometric and arithmetic average rate of return$)$ The common stock of the Brangus Cattle

Company had the following end$-$of$-$year stock prices over the last five years and paid no cash dividends:

a$.$ Calculate the annual rate of return for each year from the above information.

b$.$ What is the arithmetic average rate of return earned bv investina in Branqus Cattle Company's stock over

a$.$ The annual rate of return at the end of year $2$ is

$\%.($Round to two decimal places.$)$