Problem 10-21 Arithmetic and Geometric Returns [LO 1]

A stock has had the following year-end prices and dividends:

Year	Price		Dividend
1	$ 64.33
2	71.20		$ 0.60
3	77.00		0.65
4	63.27		0.71
5	73.11		0.80
6	79.75		0.87

Required:

What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)

Arithmetic average return	%
Geometric average return	%