please solve the following

(Solving a comprehensive problem) Use the end-ofyear stock price data in the popup window, to answer the following questions for the Harris and Pinwheel companies a. Compute the annual rates of retum for each time period and for both firm. b. Calculate both the arithmetic and the geometric mean rates of return for the entire three-year period using your annual rates of return from part a. (Note: you may assume that neither fim pays any dividends) c. Compute a three-yent rate of return spanning the entire period (., using the ending price for period 1 and ending price for pris 4) d. Since the rate of return calculated in parte is a three year rate of return, convert it to an annual rate of return by using the following equation -- 1. Three-Year Rate of Return J- Annual Rate of Return - X . Enter the annual rate of ref Data table Time Har 1 2 Time 1 2 3 Harris Pinwheel $9 522 10 34 14 29 25 in order to onay its content into a prode 3 4 (Click on the toon Print Done 23 Help me solve this companies a. Compute the annual rates of return for each time period and for both firms b. Calculate both the arithmetic and the geometric mean rates of retum for the entire three-year period using your annual rates of return from part a. (Note: you may assume that neither firm pays any dividends.) c. Compute a three-year rate of return spanning the entire period (.o., using the ending price for period 1 and ending price for period 4) d. Since the rate of return calculated in parte is a three-year rate of return, convert it to an annual rate of retum by using the following equation Three-Year Annual Rate 1 Rate of Return of Return L" e. How is the annual rate of return calculated in part d related to the geometric rate of return? When you are evaluating the performance of an investment that has been held for several years, what type of average rate of return (arithmetic or geometric) should you use? Why? a. Enter the annual rate of return for each year for Harris in the table below. (Round to two decimal places.) Value of Annual Rate Time Value of Annual Rato Harris Stock of Return Pinwheel Stock of Return $9 $22 2 10 % 34 3 14 29 14 % 25 1 4