A stock has had the following year-end prices and dividends: Year ...
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Accounting
A stock has had the following year-end prices and dividends:
Year | Price | Dividend | |||||
1 | $ | 43.37 | - | ||||
2 | 48.35 | $ | 0.60 | ||||
3 | 57.27 | 0.63 | |||||
4 | 45.35 | 0.80 | |||||
5 | 52.27 | 0.85 | |||||
6 | 61.35 | 0.93 | |||||
What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations and round your final answers to 2 decimal places. (e.g., 32.16)) |
Arithmetic return | % |
Geometric return | % |
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