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

Year Price Dividend

1 $ 43.41 -

2 48.39 $ .66

3 57.31 .69

4 45.39 .80

5 52.31 .85

6 61.39 .93

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

Financial Management, Finance

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  • Reference No.:- M91785221

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