Problem $11-7$ Calculating Annual Shareholder Return and Annual Average Compound Return $[$LO$3]$

Two years ago, you purchased $100$ shares of a cola company. Your purchase price was $$60$ a share, plus a commission of $$6$ per share, for a total cost of $$66$ per share. After one year, the stock$$s market value had risen to $$74.$ At the end of two years, you sold your cola company stocks for $$79$ a share, less a per$-$share commission of $$4.$ During the two years you held the stock, you received dividends of $$0\mathrm{.}60$ per share for the first year and $$0\mathrm{.}76$ per share for the second year.

a$.$ Calculate your annual shareholder return for each of the two years you owned the stock. $($Round your answers to $1$ decimal place. Omit the $"\%"$ sign in your response.$)$

Annual shareholder return

Year $1$

$\%$

Year $2$

$\%$

b$.$ Calculate your annual average compound return. $($Round your intermediate calculations and final answer to $1$ decimal place. Omit the $"\%"$ sign in your response.$)$

Annual average compound return

$\%$