Question: Problem 10-21 Arithmetic and Geometric Returns [LO 1] A stock has had the following year-end prices and dividends: Year Price Dividend 1 $ 64.63 2
Problem 10-21 Arithmetic and Geometric Returns [LO 1]
| A stock has had the following year-end prices and dividends: |
| Year | Price | Dividend | ||
| 1 | $ 64.63 | |||
| 2 | 71.50 | $ .66 | ||
| 3 | 77.30 | .71 | ||
| 4 | 63.57 | .77 | ||
| 5 | 73.71 | .86 | ||
| 6 | 82.75 | .93 | ||
| What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
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