Question: Problem 12-16 Arithmetic and Geometric Returns (LO1) A stock has had the following year-end prices and dividends: Year 1 Price $43.45 Dividend 2 48.43

Problem 12-16 Arithmetic and Geometric Returns (LO1) A stock has had the

Problem 12-16 Arithmetic and Geometric Returns (LO1) A stock has had the following year-end prices and dividends: Year 1 Price $43.45 Dividend 2 48.43 $0.72 3 57.35 0.75 4 45.43 0.80 5 52.35 0.85 6 61.43 0.93 What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) Arithmetic return Geometric return % %

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