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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
A stock has had the following year-end prices and dividends:
| Year | Price | Dividend | ||
| 1 | $ 64.33 | Ac€?? | ||
| 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 | % |
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