A stock has had the following year-end prices and dividends: ...
90.2K
Verified Solution
Link Copied!
Question
Accounting
| A stock has had the following year-end prices and dividends: |
| Year | Price | Dividend | ||
| 1 | $ 64.28 | |||
| 2 | 71.15 | $ 0.59 | ||
| 3 | 76.95 | 0.64 | ||
| 4 | 63.22 | 0.70 | ||
| 5 | 73.01 | 0.79 | ||
| 6 | 79.25 | 0.86 | ||
| 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 | % |
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.