Question: Problem 10-21 Arithmetic and Geometric Returns A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 43.37 2 48.35 $
Problem 10-21 Arithmetic and Geometric Returns
| A stock has had the following year-end prices and dividends: |
| Year | Price | Dividend | |||||
| 1 | $ | 43.37 | |||||
| 2 | 48.35 | $ | .60 | ||||
| 3 | 57.27 | .63 | |||||
| 4 | 45.35 | .80 | |||||
| 5 | 52.27 | .85 | |||||
| 6 | 61.35 | .93 | |||||
| What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Arithmetic return | % |
| Geometric return | % |
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